RE: Very near future..20 Nov 2015 12:34
There is so little information that the BoD can give, that every word RS issues in an RNS must be taken very seriously - we know that and so does he.
When he wrote "In the very near future" he must have had some sort of notification from the arbitration panel that the result was imminent. I do not believe there was some plan to get the s/p up to let RAB out or get better loan note terms. From what I have seen RS does not operate like that.
So I agree with you guys it will be soon, it may go on until after Christmas, as I do not think RS has been given a specific date (certainly at the time of the 30/9/15 RNS).
My bet was also sometime in November, but after holding for 3 years (and I know many have been in much longer), I am prepared to wait for as long as it takes.