Seems like Glencore is becoming the new Greenbush, huh?
Management's preference for silence when the market anticipates the worst, rather than keeping everyone informed about the ongoing developments, is kind of "deja vu", isn't it?
I think the market has already factored in the assumption that the deal might not proceed.
The only uncertainty lies in what comes next and how much dilution the so-called "non-dilutive funding solution" might bring.
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