RE:Corporate Body Language = POINTS TO A BUYOUT..... Good summary, I agree with you so far. But I think you're focusing too much on the quick deal. I think it's more likely to be about a sponsorship deal.
Graham said in an interview that he also plans to go public on the NASDAQ.
Then, as with LAC, get funding.
And there are still 60-80 wells planned, which will increase or double the value considerably.
Only when this has been clarified will there be any talks.
I think there could be a buyout after the PEA - but I think the time after the FS is more realistic
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