Instead of hyping up conspiracy theories, I suggest you go back...

Instead of hyping up conspiracy theories, I suggest you go back and familiarise with the sales history and how the FML Board has put the company in the current position.
At the end of Sep 2012 the adjusted share price of FML was $2.20, the company had no debt and had 200m plus in the bank. (WOW)
Because of the direction SH wanted to take the FML Board and the gold price dipping below $1,200US in 2014 the Chinese dominated board shut down mining and went all in on exploration mode although gold had recovered to a record high in 2019/20 of $2,000 US and if in production the share price would have been much healthier.
Imho poor management decisions at that time led to the dramatic fall in the FML share price to less than 10% of its takeover purchase price.
Plus eroding the bank balance to zero and having to go cap in hand to Mother for loans to stay viable.
Imho FML is still afloat through more by luck than judgement and in the last 8 years is like a penny dreadful of the gold companies.
I feel LM3 has played their roll in the share price being diluted but is certainly not the main cause.
In being a shareholder for more than 12 years FML now have got to tick all of the right boxes not only to survive but make a profit for SH and it's investors.
Will FML ever get back above $2,00, maybe if gold reaches $5,000 an ounce