It has all the appearances of the directors setting themselves...

It has all the appearances of the directors setting themselves up for a massive profit. As I keep repeating, the company is owned mostly by Chinese, the company who will do the mining will be Chinese, the buyer of the product will be Chinese, the users of the product will be Chinese. This goes for the new silica sand as well as Cyclone. Just how much benefit existing shareholders will receive will be dependent on how the takeover (handover) deal is structured. They have to be very careful that they don't contravene any rules that could put them in a position where they could be challenged by the DRX. It appears that the future of the company is assured (as far as anything can be). Interestingly volume is accelerating.