With a non-binding MOU from one interested party, it's no genius assessment to work out why the sentiment (price of this) is the market laggard.
If a 'do something company' buys it, even at an over-priced rating, I still think an investor would make money because a rudderless ship with no sails in the wind will be rejigged and recrewed and it'll be sailing far faster than the current setup.
The new business of new energy will leave this crew behind at their current rate of work.
All mining is cyclic to any degree, Coals had it's day, Gold & Silver come and go.
Key being timing the market, not time in the market.