Ann: Hardey makes second major vanadium acquisition, page-8

We already have so much ground, and need to be concentrating on that, with the amount of dilution that has already occurred just after we consolidated last year.  I invested for our potential gold bearing ground, and have seen them change shape 2 times already. The dilution and sheet deal they seem to think is ok, and will appease shareholders is a joke. This management need the door ASAP.  

During this time, HDY will undertake due diligence in relation to VanMin and six projects in Queensland and the Northern Territory. If the option is exercised, at settlement of the acquisition HDY will issue 550,000,000 fully paid ordinary shares and 550,000,000 listed options (exercisable at $0.02 on or before 30 April 2020) (ASX: HDYOC) to VanMin shareholders.

I wonder who these lucky 7 Vanmin shareholders are.. getting approx 76 mil shares each, w/ the same amount of attaching options.
Why would we also be paying them 75 000 just to complete due diligence on their land, that is obviously up for sale'.