Before this can do a Bemax they have to get over the...

Before this can do a Bemax they have to get over the environmental hurdle, which may not be too straightforward.

Also they need to start meeting stated timelines. Everything they have said has never been met on time and they have zero market credibility.

This is why it is so under the value of similar companies i.e. MAL and IMA. Shareholders have heard so much BS over the years and having been dudded on the OLYO's if the price gets anywhere near 25 cents, they will stampede for the exits again.