Huang Chung
13-08-2013, 08:00 PM
Mamba Minerals today announced Michael O'Keeffe as the new MAB Chairman.
http://stocknessmonster.com/news-item?S=MAB&E=ASX&N=645337Michael
O'Keeffe was Chairman and CEO of Riversdale at the time the company was sold to Rio Tinto for around $4 billion, and probably had a bigger hand than anyone in fattening that pig for market.The guy is now seriously rich, so hasn't taken the Chairman's role because he needs an income. Obviously, he sees potential in MAB's Canadian iron ore projects, or as a vehicle for something else.If nothing else, it will be interesting to see what he does with MAB in the months ahead.I grabbed a few today at 53c to have a bit of skin in the game.
http://stocknessmonster.com/news-item?S=MAB&E=ASX&N=645337Michael
O'Keeffe was Chairman and CEO of Riversdale at the time the company was sold to Rio Tinto for around $4 billion, and probably had a bigger hand than anyone in fattening that pig for market.The guy is now seriously rich, so hasn't taken the Chairman's role because he needs an income. Obviously, he sees potential in MAB's Canadian iron ore projects, or as a vehicle for something else.If nothing else, it will be interesting to see what he does with MAB in the months ahead.I grabbed a few today at 53c to have a bit of skin in the game.