If the shares remained on the ASX then I am sure they would be...

If the shares remained on the ASX then I am sure they would be more, actually they would be worth more had the DFS been released to the market in an increasing tin price environment. But the shares are going to be listed in an illiquid company trading on the TSX. No wonder there was selling today. I read the booklet too and noticed that they said they had tried to get finance for 3 years, it seems as if they have sold this at the bottom of the resource cycle (not the first to have done it) but they obviously didn't try and see what finance options there were after the DFS was released because they were already in the trading halt. I thought the purpose of the revised DFS was to lower capex to improve the ability to attract finance which didn't happen.
At current tin prices, the NPV is around $100m USD and they have been taken over for well less than half of that after spending years and a lot of money to get this stage.
I hope there is an alternative but fair to say shareholders have been stooged.