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Agree buci. A rule of thumb suggests any eventual payout if it goes that way will be one third of the claim. About $600m seems fair (not $2B) which equates to 70 times the current mcap. Payout 200m of which a further 1/3rd will go on expenses leaving $133m, 16 times the mcap. Still good odds but that presupposes success and claims can fail on the most esoteric legal points (or bribery) as in the Oxus/Churchill cases. Early settlement seems unlikely but the delay in registering a claim amount might suggest that work is going on behind the scenes in this direction. I feel that the sp is being held back by the uncertainty and if a claim figure >$500m comes out, the sp will improve significantly. GLA and HC/HNY

Your figures are interesting JMUK. With a mcap of 30m, the claim for Prairie (now GreenX) at $750m is 25 times. A $600m claim by PAT (more is being suggested) is 66 times the current mcap of $8.6m. The multiples generally need to be high to cover the risk. As a rule of thumb, a payout on success will be 1/3rd of the claim and a further third lost in legal costs etc. Also success (or failure) might be 2/3 years ahead. Early settlement is always possible of course, but one has to be prepared for that not to happen. I suspect that if a capital raise is needed, it won't be put out until the claim level is known, which should enhance the sp. Looking back, you could buy Rusoro (TSXV:RML) at 2c in 2012 when their now still ongoing claim against the Venezuelans was 300 times the then mcap. Now 41c but that's a long wait ! GLA