My concern is that the shorts could have some Namibia official in their pocket who could impact the companies agreement with the gov't---not nixing the deal, but raising concerns the deal could be altered or impacted, which would raise doubt about the company being able to develope the play. i.e with a billion dollar plus market cap, --some up front money and incentive payments of 20 million or more after the collapse of the stock.
Without something like this, why in h would anyone pick this stock to short. Just listne to STenke talk in a presentation, with his expertisee and past history, lay out the story---how could you bet against this without some kind of diabolical plan you have enough confidence in to risk millions of dollars. It has to be more than extreme ingnorance, doesn't it?