RE: RE: RE: RE: what a great management team Agreed, this seems like a great deal for the company. It avoids dilution ,debt, and interest payments while monitizing future cash flow in the present. They may give up some future gains, but they have also greatly reduced the risk of the new project.
Nice job by management. I was also impressed by the way they stepped back from their original financing plans when they couldn't get very favourable terms. Too often companies have a "grow at any cost" philosophy that can really hurt shareholders.