IF Gina puts in a bid next week it will be lowball, say $1.50, to test the water. However i think it more likely that she will stalk LTR with a partner. Only her team know for sure what has been going on for the last months. I believe the photo opportunities this week are designed to flush out a serious bid, otherwise we are headed for production. I would be hugely surprised if LTR do not announce a funding package by end March, so if there is a potential bidder they will strike before February ends. Obviously I could be wrong.
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