Many also lose sight of Gina's early substantial investment and additional since. It's very important but of course she's in for the future gains.
All equity partners will be likewise - they are not do gooder donations but substantial investments they want a substantial return on.
The likes of Gina and the other instos support at the time were crucial for ARU to advance to where we are today and will be in future years. They were fully informed at the time the change in course re ECE departure and the new debt facility participants etc.
They will be here again shortly providing further equity - of course on favorable terms - that is the BEOT and fortunately management have all but executed the debt plan thus minimising the equity component which will remain considerable. And may even be the reasoning behind the sp shenanigans.
Ann: Conditional approval for up to US$150m from KEXIM, page-34
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