Unfortunately or fortunately (however you wish to take it) I agree with everything you say in both your recent posts.
Maybe if a different "entity" had purchased the mineral rights on WEM other than this particular "crew", then shareholders would have a chance (long term).
It's not a half bad trading vehicle from these levels, the current fear is the ever increasing O/S and the probability of the A/S being increased looms.
Thanks for the added DD, imo any "new" investors should certainly be privy to the inner workings of the SFMI bod and company officers.