Lind have submitted heir claim by way of an SD which sets an upper bound on the claim that they can make. RRL will I believe put up a defence. Once this has been submitted we are on safe ground, as LIND becomes a side issue.
Either the matter will progress through the courts beyond the date of the CORE funding being received or LIND will resume negotiations with RRL having the upper hand. RRL will be in a position to settle either way,
RRL have no other pressing creditors, so could resume trading as a going concern before the EGM.
Those, like me, that then see LIND as a side issue would sieze any opportunity to average down further and soak up the stock of sellers. If you look at the BZM sells vs buys, you can see how easily the price could shoot back up.
It would be nice if it did do a BZM and jump to 2.9p on re-opening after all the false dawns here (no pun intended) but I'd settle for the double-sided option of 1.4p for starters. We must be due some luck here after all the buffeting.
For a bit of fun on WS, whilst it was quiet, I did a forecast based on the number of pages in the NoM documentation. Rexco was mucking around when she said it was 2.9p (29 pages) and 2900 bopd.(10 * No, Pages) I corrected him on WS in that the pages were doubled sided so it should be 1.4p and 1450 bopd year end.
Carvey has clearly used the predictor for working out the 2.9p without knowing that the model was corrected for double side printing, now that Range are more efficient.
Oma, I think it was Rexco who said according to your calculation it would be that price after suspension and you didn't disagree with his assumption when he said it, but I'm not sure what calc he was referring to.
Course not. You should have got the subclause out before the bet. Can't move the goalpost after the event.... Since OMA said this will open at 2.9p, I will extend it to 15th april so that it has time to rise after the suspension post the march vote..
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