The runes are very positive31 Oct 2021 13:01
Rapid fire tweets after radio silence certainly suggests a deal has been done.
I note the comment about local supporters.
Comes down to price and degree of dilution really, and until tomorrow morning we know nothing.
A bit of equity raising at a juicy premium would be nice.
Agadem continues to fire out fantasy numbers, it was the same with the 7E acquisition, and look how that turned out.
But, scale matters, and geopolitical diversification matters, so hopefully value enhancing.
An overarching funding package has been suggested, and it would explain the absence of news on developing Niger, assuming the package had a successful RTO as a component.
Very exciting stuff.
I suspect sleep will prove elusive tonight.