Although ALB walking and the cap raise was very painful, it has ensured Gina is stuffed now imo, unless we fail to execute the project, which I think is very unlikely.
The BoD has no reason to accept an inferior offer prior to production as we are fully funded an then some. She can't make an inferior offer for 4months anyhow, so she will be out of time. Probably her presence was part of the reason they've raised more than they needed, to allow extra economic buffer. Her only chance before production is to come back with a higher offer imo.
Once in production and money flowing, she will have to pay even more. She can only creep 3% every 6mths so will take her 51/2 years to get to 51%. I am not concerned about her now. Even if she shorts the stock, I can't see it working.
She maybe back given the above. I don't think she likes to lose a battle.
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