I do not see it that way. I agree we already knew all of this....

I do not see it that way.

I agree we already knew all of this. But enforcement action by commencing proceedings was always the logical next step if they did not capitulate.

I regard this update as positive as it embodies the company:

(1) protecting our interests as shareholders;

(2) sending a message to any other dubious cornerstone investors (or 'tyre kickers') that MRR are hard nosed commercial people who mean business and will not condone such conduct;

(3) reiterating that in respect of the cap raising of 21/4/22, the overwhelming majority of investors participated in the placement and, by their conduct, indicated that they considered the ~6c to be a compelling investment opportunity;

(4) reiterating (for those who may have become myopic) that in fact the proceedings are utterly irrelevant in terms of the maiden drilling programs which are imminently kicking off.