Cobalt prices seen rising sharply as deficit balloons, page-73

This is a tightly held stock, and any low ball opportunistic bid would have buckleys chance of getting up.
The top 20 shareholders are sitting on over 50% of the company. Bucchorn has been heavily invested in the KNP for over 20 years, and seen it's MCap at 500 million when Vale were on board ( well it's worth far more now). His former company Heron created Ardea. Heron are sitting on another 10 million .25c options which are under escrow until Feb 2019, and a further 3.33 million loyalty options. Bucchorn and co are use to playing the long game, they know exactly what they are sitting on.... no different to the late Lang Hancock.