No I don't think another LOI is an option.
Such an action would be foolish as what the market needs is a little more certaintly about Range's prospects. I thought a little more certainty and strength would come with Jonah's appointment, but now it will take a formal jv to alleviate some of the scepticism that Range tends to receive from punters.
What I meant was another jv maybe in addition to the KNOC one, or even a different party replacing KNOC. Anything is possible, and although usually I don't listen to rumours, there may be something to that UpStream article. It is possible.
Perhaps another big thing holding up Range's progress is the baggage associated with the name. I am looking forward to the name change as it will finally mean that the company has broken away from its somewhat 'dodgy' history.
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