Rhubarb, you need too think a little more deeply.
GGG's $31 million won't, I believe, be used to buy a project, and nor will it issue shares do that.
Rather, they will enter into a joint venture with an investor who lacks GGG's expertise and experience, but who wants to be involved in the coming low-carbon revolution.
News: GGG Greenland Minerals Appointed Daniel Mamadou As Managing Director, page-39
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