update, page-9

I thought it very odd that an update is provided headed "March 2012 update" and then, if it wasn't obviously clear from that heading, the first sentence in the document states that this update is only reporting on matters up to 31 March. The company has never provided an "update" with that qualifier made so explicit before, has it?

So, reading between the lines (forgive me, but we always have to with OBJ), Mr Denison is telling us:
- this update says absolutely nothing about the last 26 days
- a lot could have happened then, such as the crystallisation of significant aspects of negotiation
- so don't be surprised if there's another announcement very shortly.

Why else make the huge point about the update not including April?