Yep, we're taken more hits than Aussie Joe Bugner - the timing of the Noble saga is just typical on the run we have had. Maybe this lender has been purposely dragging things out to see how Noble was playing out - hence the delay on delay. I must say however, any correspondence I have had with the new management has been honest and do believe they have the best intentions here (more than I used to get from SM). It wouldn't be surprising if there is a consideration going forward to somehow remove the link we have to Noble particularly if their re-structure dosen't go as planned. 1 lender signed up (IDC), 1 lender committed, hoping the mitigant measures management are working in will sway the final lender. GL LT's
RES Price at posting:
5.8¢ Sentiment: Hold Disclosure: Held