FWIW, I got in touch with SN yesterday and queried the financial transactions that he has touched on in a few of his recent announcements. Basically said a little more patience is required, however all will become clear soon. He is keen to get them finalised so we can all focus on Jaws and WE drilling
I just dont get the impression that a CR is on the cards. He has been working on these transactions for 60-90 days, perhaps even longer. To me that suggests something more complex is on the cards. IMO you dont need to expend that amount of time and energy if it was all for CR.
Ann: FY18 R&D Update, page-5
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