Everyday Luso is losing money on exploration, legal costs, other operating costs etc. Better for Luso to settle asap to minimize costs. If Luso takes up shares as part of settlement, it could make many millions. At the end of the day Luso is risking ending up with nothing if court rules in favor of NLI, which is the assessment given by NLI's legal advisors and reviewed by EY as part of audit. Also, no point for NLI to settle close to the end of the hearings, only settle imminently. Get it Luso?
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Good news on way for NLI !!!!, page-508
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