Geomet is required to raise, EMH can’t meet their obligations and raises themselves (tanking the SP even further), in about 12 months Geomet needs to raise again, EMH can’t meet their obligations second time and gets an offer, from CEZ, using the tanked SP as the basis for their offer.
I just do not see how we the LTHs are benefiting from any developments on this project.
EMH Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
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