Yes, to use a phrase of SM its a bit of a doom loop, as non SI...

Yes, to use a phrase of SM its a bit of a doom loop, as non SI can also wait for a CR which will likely see the SP drop lower so why buy now.

But..................Whys hasn't a CR been announced? surely we need to move on long lead items for Q1 6 inch drilling next year?? I don't believe for a minute that the Christmas period has any impact with PAC & co getting their snouts in the trough, they have made quick profits with Invictus before and would do so again IMO.

No I think there may be another source of funding this time and Scott needs these extra days to wrap it up. Sophs might still get a small bite.

All just IMO