It seems to me that the directors have more than responded to their fiduciary duties. There is still a company capable of operating the business it has and it is the only business it has -Lithium was an opportunity not a business and the market was telling you what it was worth courtesy of the share price. Remember businesses are something where you make something and sell it to others so that you can stay in business and ultimately give shareholders a return. Hawkswood going into receivership triggered a $10+mio loan over which the directors had no control . My guess in terms of normal commercial behaviour -rather than the insanity of the conspiracy theorists who seem to think directors can magically produce mates and families who can come up with $36mio at the right time just to cheat innocent shareholders-is that everything was on the table and many people would have been doing due diligence, This is at a time when the financial markets were going through the greatest crisis they have ever experienced THE AMAZING THING IS THAT A DEAL WAS DONE!! CONGRATS TO DIRECTORS.
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