Last month, Mallee was teetering on the brink of insolvency....

Last month, Mallee was teetering on the brink of insolvency. Hartree rescued it with the recent capital injection.

And 43c (or whatever it was), wasn't a terrible price. Its ballpark to what the other investors / suppliers were offered when the price of nickel was much higher.

At this point though, there does seem virtually zero chance of the company re-listing. I assume some point Hartree will buy out current shareholders.