1MC 0.00% 0.4¢ morella corporation limited

I had a few interesting beers last Friday Bob. Please be aware...

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    I had a few interesting beers last Friday Bob.
    Please be aware this is all speculation. As I mentioned before the grace period is apparently in effect, default is required by JRO if they need an out, penalties apply. Apparently an offer is there but what JB, Alan & Max going to do with it ?. Might squeeze a lucrative offtake as part of a deal, unsure. I’m very surprised at the delays being had, I have a feeling it is part of a plan as weird as that sounds because they were miles in front of PLS then slowed everything down towards the end. Leaving a few confused there, plus leaving coal assets in the mix?

    ‘All about the timing’ keeps sticking in my head. Just have to wait I guess. I think we have a bottom at last from the retail scare factor so watch for the catalyst. If JRO’s position is transferrable via default fees swap then 51% is easily done if local, have to watch out for that cheap shot via the back door.

    In the end, I think we are all waiting..
 
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