Why would AE, who owns 5M shares accept a less than full value per share deal in exchange for a consulting agreement which no doubt would be worth less then a better per sahre deal. AE already has a NSR and what could be possibly 'consult' on? He is a geologist and the geology part of this project is done.
What would the other Board and management think of such a deal?They will all want fair value and your scenario pretty much states that AE is unethical - there is zero evidence of that!! Zero. Even Hoov stated that AE was a very ethical person.