Ann: Pilbara Exploration Strategy Update, page-38

Correct. It's NOT a pump and dump. What they've done is identify the potential, position themselves in a big way at shell value (0.002 ie. they can't lose) and they'll back themselves all the way. If they succeed, happy days. If not they'll move on and identify the next potential winner or vend something else into the shell and go again.
Yes I know they've bought on market but their average is extremely low (less than 0.005).
It all come down to the drilling and resource. That's all that matters.

For excited punters to assume this goes 10 bags from here because of "who" is involved is naivety. The "who" matters a lot more in tech plays rather than resource punts. As Tolga said in his interview on AL8 years ago (its in google somewhere) "it all comes down to the drilling". Unfortunately for AL8 holders it was a dud despite the blue rocks in outcrops.