Must say that I agree with you on this. I believe they have 6M shares still left to buy which at 8c is less than $0.5M. Given cash of $30M, this is chicken feed and should be done to honour the announcement. Or as you say, withdraw it.
Some more weakness today maybe due to issues with the Kanyika EIA and compensation/new infratsructure for the locals http://www.nyasatimes.com/malawi/2012/11/12/malawi-niobium-mzimba-community-wants-to-benefit-from-kanyika-mine/
GBE Price at posting:
8.0¢ Sentiment: LT Buy Disclosure: Held
