I definitely expect an acquisition/option to purchase interest here...
When your as de-risked as EXC is currently why wouldn't you??
Easiest and best way to add value in a positive sentiment market.
I'm sure they would not have overlooked raising more for drilling/exploration if they needed it
Given the run its had it will be at a bit of a discount but I really don't think that will mean squat...
At sub 10 mil MC this was undervalued and now more value about to be added... so I'll take a discount raise on the chin and watch her rerate afterwards to where she should be.
