Then why would they sell their shares from 17-20% down to 11%...

Then why would they sell their shares from 17-20% down to 11% dirt cheap if they actually need to get to 50% each
thats nuts.
is it a glorified capping operation you think?

but theyve run out of ammo bc if they go less than 10% they lose blocking control & another big Ni producer like BHP IGO FQM Sherritt Glencore could swing in & steal the show before it starts.

also at less than 10% they would be forced to buy shares on market at bid price now costing 5c at say 16c to build back a blocking stake.
thats triple the price than simply doing nothing now

BMM AF Citi have run out of ammo looks like, the ramp is set
how many secret sub5% stashes do they & BNP have in here?

their duplicity & disloyalty & shortsightedness will come back to BURN THEM & BURN THEM IT WILL imho.