Lindo ESG will have to agree to the proposal for it to be...

Lindo ESG will have to agree to the proposal for it to be successful. I think they would of attempted a take over much earlier if they wanted to take on the grounds that SXP hold. Its far too much for them atm as they are far too busy with their own projects. IMO they will be happy to accept a proposal that increases their wealth which is what will happen. The growth in SXP's share price has already relfected in the ESG share price and ESG share holders would be very happy thus far. SXP and LNC will run as a merged entity and ESG will retain a share holding. They can sit back..watch their investment grow..and focus on their own projects.

For whats its worth..if the merged entity of SXP and LNC really takes off they may even take out ESG. Or possibly farm into ESG's tenements with their technology. Its all a win/win situation IMO. LNC arent attempting to take SXP out..its a merger and they want this to be a friendly agreement. If they were going to do a takeover they wouldnt of pushed the price up to begin with and would of attempted a take over.