Thats a slightly misleading headline, yes they have done a deal , but its only for licensing the OLI name in EG outlets, as well as a supply agreement for 10 years.
Five hundred k is not going to last that long given the cash burn at the moment, most likely price comes back from here, don't think this announcement was worth the pop in the share price this morning.
Ann: EG Deal Finalised, page-2
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