Ann: Management Changes, page-14

For long-term insiders, the current SP is unimportant. Stanco, being one of these holders has no interest in what Mr Market thinks today, and Alf Baker and other founding directors are in the same boat. If Stanco bought at 17c, its management must know that a secondary classifier would fix the problem, and that the additional processing expense would not be higher than what it costs firms like Imerys and Advanced Minerals Inc to achieve the required particle-size distribution, other things being equal.

It is conceptually possible that other things are not equal, but I am not going to attempt to moot such possibilities, because it is insider-fact based opinion that is relevant, not the musings of an old codger's fertile imagination.