Ann: Significant Reserve Upgrade in Retention Lease R3/R1 Cyrano, page-6

No mention of any negotiations with any major partner. Just dangling a carrot.

Any sale of Cyrano at this time when commerciality is unproven would be at a fire sale price.

A positive announcement but nothing to get excited about.

OBL needs a major partner to be successful.

What happens in 6 months time when more cash is required to pay the bills.

Lets hope the sophisticates save their dollars. OBL has no income. Lind need liquidity to make money therefore I think the sophisticates will need to be sophisticated again.

Sentiment : Hope