Maybe a good time to relist, page-21

PE of 30 to 40 times? I'm sorry but that is just wrong, the market average is 16x and most mining companies are a lot less than that mid caps circa 10x with BHP / RIO between 12-16.

Its not a growth stock, it has limited production capacity.

Pallinghurst (Gilbertson) encouraged all investors to hold when they delisted to realise future value, they didn't try and get the entire company (not the mine as JMS owns 49.9%), the co-investors owned circa 87% at the time of delisting, it wouldn't have been hard if they wanted to do acquire enough shares for compulsory acquisition.