yes two references to funding news “in not too distant future”...

yes two references to funding news “in not too distant future” and at the end when talking about the news flow over 3-6 months. I got the impression we should expect more news about consolidation deal and Evelyn drilling, and perhaps after that news of non-binding funding moving to binding.

So we probably shouldn’t hold breath about funding in June/July. Which may account for its drift lower.

of course the longer it takes, the more likely a new cash raising becomes. Not something we really want to see at these levels.

The turnover has died, it’s clearly cheap on a 3-12 month horizon. As I am already set, for me it’s just a hold now.