It's just because management haven't got many options and will...

It's just because management haven't got many options and will be dictated to. From the outset my concern has not been the quality of the resource but the fact that it is potentially a market dominator. This is what makes it attractive to entities from a state level not just private money. This was always the danger with a Chinese dominated registry and reliance on Chinese money that dominates the region.
From the last CR, management seems determined to raise and progress but it is battling a surging tide. Nothing else is forthcoming or would they have resorted to a pathetic fund raise?
I predicted 12-14 c as it's a premium to the options.
IT IS also a significant premium to shareholders from the beginning of this run. With 25 % of the registry already dominated by Dartmoor and hyaou, I can't see ML or other holders resisting.