I'm discounting his leaving as in the price now. Its not what is dictating price movement in any case.
The best things about MIO are the projects not the management. THis is fortunate as the Laguna funding is probably very straightforward, as explaining this simple project and its returns is a no-brainer.
I had hoped Laguna would be producing next summer , but its to be later in the year. Once it is running its a slam dunk profit making machine for several years. Odds also favour expending into the surrounds to double the project size ( eg in 2007) .
This is why to hold these shares regardless through 2006-7.
Perhaps they can sell off the Pallas Green properties for several million at a slightly more advanced stage , later in 2006.