I am quite happy with this outcome.
adn reached their strategic goal and make life a lot easier and profitable for the future.
with a new dfs including additional revenue streams who knows if 1,15: 1 would still have been realistic, the 25% from mep would have been more expensive. So the timing is very good. I read a few weeks ago mep wluld never let go gw. Well they had to it seems.
How about the additional funding of the outstanding mep- part? Additional 25 mln ? Let us hope this is covered in the financing negotiations. I am optimistic as it was known to adn for some time.
if we drop to 17c that is ok as a new base with a lot more value to come in 2022.
shorts can cover at that level and probably will do unless they xount on a further cr.
long for longe, now more than ever
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