I’m sure it’s to apply max pressure and psych out the shareholders re Tandarra. Post placement, they have some cash but the play will be to make the SPP have a large shortfall. It’s being done pretty crudely though, hopefully someone will underwrite (formally or not). NML then needs to stare down Bruce using the application for retention commitments as the lever. This will break open soon I believe (and in a big way). GLTAH and DYOR
