Media, page-56

yes two references to funding news “in not too distant future” and at the end when talking about the news flow over 3-6 months. I got the impression we should expect more news about consolidation deal and Evelyn drilling, and perhaps after that news of non-binding funding moving to binding.

So we probably shouldn’t hold breath about funding in June/July. Which may account for its drift lower.

of course the longer it takes, the more likely a new cash raising becomes. Not something we really want to see at these levels.

The turnover has died, it’s clearly cheap on a 3-12 month horizon. As I am already set, for me it’s just a hold now.