relentless selling

Why are people bailing out?

If sovereign risk is the issue, we should see other mining companies in Eritrea suffering the same fate. But,we don't.

Has the shift 50/50 profit upset some people? At today's SP, Eritrea can achieve the 50/50 by buying 40% of STB for $20m.

Is the production dateline too long for some fund managers? If so, their initial research is way off the mark. Their research was flawed, so people should check out who they are and stay away from them.

Is the selling off part of the negotiation strategy?

Is it tree shaking?