RE:I fail to see anything negative here.Goatburner I think you are right. Anyone who is unhappy with their FCC share performance should sell down to the sleeping point.
The interesting thing is that they will be even more unhappy when they see the FCC price rise that is coming now that the company is derisking its business plan.
A more solid company combined with nicely rising cobalt metal prices has a nice future ahead of it.
However, as you say, those who are not happy should go elsewhere. As for me I am staying unless they try financial engineering actions like consolidating shares or diluting them further.