My take on the alternate slate would be they're not a Board I would invest in, and I think current shareholders would do better with a different alternative. I think they'll try to break it up, and I think some people will benefit more from that who aren't necessarily the current shareholders...
One possible positive out of this is that this might move some passive shareholders (such as Marquest) or RGX into proposing some Board additions that could help on the corporate governance side. Frankly, I don't know why Peter Smith hasn't delegated a lot more of this already, it doesn't strike me as something that interests him as much as the exploration. But maybe that's what LaFleur is for, I thought I've detected a bit of a difference in the public disclosures since he's joined, but who knows for sure. Also, very critical to find someone you can trust and that can work with you.
So many things are on the cusp right now of that real potential being realized - ex/ RGX being so close to a possible deal, Magpie, etc etc - I think adding some value to Peter's team would be the much better way to go, but that is IMO.