this is major news and should be celebrated - leaves them fully funded to get to the next state and can fight a serious battle with any predator.
the land option gives them the option to walk away and only burn a few million - so if someone wants to interupt their trajectory, they need to move now.
82 cents as a minimum is not bad considering the share price has only recently begun its ascent.
the share price may move down in the first instance but people now realise ESG are serious and probably have big backers.
$100m is not a small amount - look at someone like Sigma - they need that amount and its not easy. the discount is not huge.
this is it guys - the for sale sign is up.
very excited and i think all will be revealed over the coming months - if someone is stumping up $100m they want to see some news flow that gives them a margin of safety soon.
ESG Price at posting:
91.5¢ Sentiment: Buy Disclosure: Held
