Theory, page-3

My theory is that Sprott is behind the churning. Here's what I mean:

I think Sprott made a deal with management: we are not interested in lithium so we sell our stake cheaply. We all know who got part of that stake...

But here's the kicker: Sprott probably wants to be part of any deal with Randgold, so they demanded that the SP should stay under 40c until there was light at the end of the negotiation tunnel... At the end of the tunnel, Randgold deal gets done and Sprott triggers the 25c options and has high quality gold exposure.

So while most of you were blaming the non-executive chairman and his Merchant, I think a deal with Sprott was the reason behind the capping.

End-of-conspiracy-rant.

P.S. Remember the famous response from the non-executive chairman at the GM: "It is what it is..."