RE:Latest news There are two ways you can objectivly look at this (making the assumption that this mine is ready to be brought back online and make money)
1. They are buying the mine to create a revenu stream so that they no longer need to rely on private placments, and potentially plan to take ESM fully online themselves using this mine to fun the project letting them go solo without needing a partnership/buyout/or tones of financing.
In that case this is freaking amazing news.
2. They are buying the mine using our cash and shares with the intention of spining it of as a seprate entity leaving us high and dry, broke, diluted (probably pay us somethnig for it)
In that case the is bad bad news.
Ultimatly it all depends on the mine and what it can do for esm but in the short term it means a dilution of shares though we could still see a bump up.
Dan2016 wrote: Hello!
Do you see the latest news as a good thing or not?
Short or mid-term, will it change something?
Thanks!
PS: no basher-pumper, only objectives opinions!