run coming?, page-6

Current rough timetable is that recruitment finishes in August with the results out in October. Personally I think we are close enough now that the run could start any day. No doubt the (sub)underwriters who were in for a good time not a long time currently represent a resistance at 4c. But in my experience these things can change very quickly. All it takes is a run up to 5c and everyone becomes a believer again!