Ann: IGO: Lithium Joint Venture to Acquire Essential Metals Limit, page-164

Hi Maltisani, number of reasons why people may chose to sell

1. Deal may not proceed, so there is no guarantee that 50c is “absolute worst result”
2. Time factor, if deal is successful it will be a number of months before anyone receives their 50c
3. Need the money, someone may need the money to pay for a new Tesla, school fees or something