Anyone suggesting this isn't a screaming M&A target, clearly is the one with an ulteria motive. The company earned around 2.5 million euro last quarter from Geothermal heat sale alone.If this isn't screaming a cash cow, with partners with deep pockets like Stellantis, i don't know what is. It has been a long time i've held a stock where we should genuinely be worried about a lowball T/O.
Best way to ward off a T/O is a JV at the project level (50% etc) which should see a healthy increase in Market Cap/SP. Next 6 months is critical, I think.
VUL megathread, page-6770
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