I admit that my first reaction to the CR was not one of elation, but when I let it sink in, I see the positives.
- credit markets are tightening so good to get the $$ whilst we can
- an ambitious program needs a lot of money and HLX could burn through a good chunk of this in the next couple of months
- the SP has been under pressure and unless something significant happens quickly wth the project, changes would have to be made
- it is not often a CR happens without some announcements or spike following soon after
The story is the same, the ground hasn’t changed, we have some results pending and clearly someone still believes in it enough to put their reputation on the line and pass this on to their clients, so yes, still hanging in wth the glee club.
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