Nothing formal to my knowledge. Covid and change of govt have...

Nothing formal to my knowledge. Covid and change of govt have obviously slowed things down. A poster on here (can't remember who he was - but appreciate the sharing of info) did say he'd spoken to JdV and that they were frustrated with slow progress. He ultimately got the impression it would be done by year end - my view is it could really come any time.

However the technical setup of the chart shows a continuation consolidation/accumulation pattern since Feb which statistically is most likely to break out October/November so I would say that may be the current market consensus. Watching for any unusual price/volume movement in the meantime.

Sovereign risk has always been the biggest risk for this company so FCI formalisation I think will be the major catalyst for re-rate