Starved of easy access to equity markets in 2012, the ever-hopeful and extremely entrepreneurial listed mineral explorer Sub-Economic Resources NL (ASX code SUE) is on the look-out for a new director, of any gender (or even species), but ideally one wearing trousers with very deep pockets in them.
This week your scribe caught up with the principal backers and major shareholders of the company (who prefer to remain anonymous), in the process obtaining a leaked pro-forma template of the director skill-sets required for the new role.
SUE has already mandated a well-known, if not particularly well-credentialed executive search firm to seek expressions of interest in this prestigious position – with the search firm well known to SUE’s chairman in particular, as it is part-owned by his brother-in-law.
Indeed, a position description of the SUE board position has already been posted on the website of the executive search firm – and is readily accessible on an invitational-only pay-per-view basis. All applications attract a processing fee, apparently payable directly in US dollars in cash (notes of small denomination only).
Despite the obviously upper echelons targeted by SUE for this role, Strictly Boardroom is nonetheless able to present an abridged unofficial copy of the executive search document for the SUE NED role below free of charge to MiningNewsPremium.net readers.
The new SUE independent director will have:
Good hunting.
For the avoidance of doubt, Allan Trench is not a director of Sub-Economic Resources (SUE). (allan.trench@crugroup.com).