The companies that pulled out of BND were looking at a group...

The companies that pulled out of BND were looking at a group level transaction (takeover), saying it was not worth $1B+.

MTE are trading less than 20% of that. The asset they have put up on the block is not hampered by SCL, and could potentially host more than 1Bt on its own.

This makes MTE (or Bundi for that matter) far more attractive, and the recent selloff, if related to the BND fallout, is a bit extreme. IMO. If anything, these companies might shift their attention to MTE.