I'm not sure what will be the final trigger that makes them...

I'm not sure what will be the final trigger that makes them admit defeat and fold the company. But I'm hoping it will be sooner than later. Only saying so because I believe that will be the final reality when a company is in this position and the less dilution we see from now on, the more each individual shareholder will get returned. But I bet privately the board is still spuirking the company about how incredibly cheap it is. One problem is if you tell a lie to people often enough, you'll believe it to be reality yourself.

My hunch on how this will unfold is: they will end up (forced) to sell the assets, but rather than return any money to shareholders, they'll try and develop a newly acquired asset or more likely, sell off the Gold projects and sink the money into their Lithium deposit. That will give them something new to spuirk whilst still maintaining their handsome salaries.