A) the Chinese call it a dragon dance B) NGF just cashed up with the placement, they already had cash C) Someone just paid up for the options
If you've ever been to court you'll know most deals are done at the door walking in. And if there is a settlement on the horizon you inform the magistrate / judge and request an adjournment.
Not saying its happened, just assigning a medium probability that it has occurred.
The other school of thought is the LB lawyers have a blank cheque book on this, are milking it for all she's worth, with low accountability to justify their fees to the administrators who unlike the LB management are not on performance based contracts, hence have little interest in keeping costs down. If this is the case and NGF win expect appeals. Lets hope for the settlement.
NGF Price at posting:
22.0¢ Sentiment: LT Buy Disclosure: Held