Cleary there has been 1 director in background who has thought...

Cleary there has been 1 director in background who has thought its a bit cheap and 2 that had thrown the towel in ?
Beware hedge funds doing side deals with Pybar that don't involve all shareholders ! Pybar could have delivered knock out punch and to date has not - just dumb corporate strategy.
A fully funded UML with a motivated Board with skin in the game could be interesting but hedge funds are hedge funds and mining contractors are mining contractors - retail shareholders beware if the cash is not distributed interesting times ahead.