There is something else to think of that this deal will do for Orbite.

They will have plenty of cash to deal with the progression of the SGA part of the business plan inclusive of what will be needed for the 43-101, engineering and planning and any enviromental requirements.

   very pro-active and shareholder friendly in my view.

 

Now will the shorters try to double down ?? even though they presently have near to 15 million shares shorted already.?? We will see how masochistic they can get.

We will know more once the terms of the deal are published on sedar.