RE:RE:RE:RE:RE:change of controlChange of control means someone other than Pala ends up owning more than 50%. That can only occur if Pala sells most or all its stake, either directly or through issuing tremendous numbers of shares.
Pala would only do that if it gets some profit on the long term investment it has already made.
My rough guess is that they will have an average share price somewhere around .80 to 1.00 Cdn after the current financial package is in place.
If there is a change of ownership, that may mean a commitment to proceed on the open pit, or it may mean simply that Pala is mostly walking away after a long struggle.
It may mean Solway, or some major mining company like Rio Tinto, or some other major seeking to enter the Yerington district.
Lots of uncertainties here.