ECT Case Stats, page-21

The company has quite a few irons in the furnace, of which receivership is clearly the whitest hot one.

Best to work with this as a starting point, for it's the bottom line so if any close friend asked for my advice here, I'd answer if you are going in, put in a little amount that you are not too uncomfortable if you lose it all.

The downside is "known"; what you've put in. The upside, however, is unknown and could be triggered by any number of pink swan events.

Personally, I added some more this week, for I see the outcome of the amicable negotiations ending in a positive outcome for Aura; either

a) AUD$60 million amicable settlement in favor of AEE
or b) Sweden reject the amicable process and in the same announcement Peter Reeve announces Aura have engaged an ECT specialist law firm who are willing to process the claim in return for a sizeable share of the bigger gains on offer ($100 million plus).

It would be a win/win outcome for shareholders in either respect.

I'd prefer the former because the company would be fully funded and more to capitalize on any potential U bull run, which is well overdue. Then Paladin 2.0 becomes a genuine chance.

The latter also would be a win because interest is payable on any amount so it's potentially quite a few bags from here, with the passage of time.

Although Peter Reeve has surfed the gravy train, he's nonetheless well invested with all those free shares he's muddied himself in (albeit risk free) like any common pig in a pen.

Peter is being challenged and it's his time to prove himself as a businessperson and not just Robert Friedland's lackey.

To each, their own.

Gltah