I have been writing credit papers in the corporate banking space for almost 10 years. I write the papers to report the business performance of my clients and my audience is my risk colleagues. I wouldn't be caught lying if I write in my paper some deliverable is 'expected' by a certain date when that date is really close and in fact I do not know for sure if my client could deliver it or not. Why jump in the shadows and rock the boat when you are not sure about something that is still possible?
I think Bruce is faced with the same situation. All these tests are done by external consultants and are out of his control. The results must be a mix bag of positives and negatives and it takes time for the company to work out what to do next first then decide how to deliver the message to the market.
All that I am saying is I wouldn't be disappointed with Bruce and call him a liar if we don't receive any ann in the next 6 days.
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