Holders that sold out could have acted too hastily as management...

Holders that sold out could have acted too hastily as management is acting in the interests of all shareholders instead of a particular sector. No doubt, vendor still have a substantial holding in the company, however lack of accessibility to drilling and hindrance could be future problems. This clearance of all doubts will enable the company to travel smoothly in the future.
The company is trading at cash vaue, thus the downside
risk is limited. On the other hand the upside risk is great
for a project like Delfin.
The share price has returned to very attractive value for buyers to accumulate for substantial gains.
I don't believe that management intends MAN to be a lifestyle company. A successful company will help to deliver wealth to management, $3 million in performance shares and a bigger company to manage. Management has been frugal and cautious and this is good shareholders as funds are not wasted unnecessarily.
A successful acquisition and with directors participating in acquiring some shares in open market, will send the share price to new levels.