Ann: Launch of $70M Entitlement Offer, page-83

Thinking on this more, could it just be that Min Res, Rinehart and co are more concerned with keeping this in their control (not foreign) and growing their exposure/ownership to local lithium? Delta is still its own listed co with obligations until merged/acquired etc. Directors – who signed this off – have skin in the game. Min Res has to show why they'd buy this, so I don't see them stalling activity and deliberately misleading the market about Delta's worth. by taking controlling interest, they almost secure first right of refusal. So, hypothetically, this EO is behind us and these guys actually expedite activity, and possibly an offer.

Tell him he's dreamin'?