Ann: Arena statutory demand update - mediation agreed, page-23

Wait and see. I think the biggest indicator near term as to how it will all play out is probably how AVL is going to run after it comes out of trading halt with its PFS and maiden resource. That should show current market appetite, and then the small caps January Effect should flush all the players out into the open for an end of January position. 

Bring out the half yearly as soon as possible, take the hit, ride January trading and then get rid of the overhang to move forward into a structure.