Rabs, what we will know indirectly from the T extension is the period Royce believes he will get finance done. Or perhaps T may say we are not interested in short term extensions, 12 month min.
I get the deal about giving Royce a go, everyone needs to be given a chance. However in terms of getting funding complete, we shouldn't forget we have appointed 2 advisers, NH for an eternity which came up empty and PCL who is still appointed from September last year.
What could go wrong Mr Rabs, is if Royce accepts status quo. Now PCL have run the process as he says, but ultimately he is responsible for the outcome, good or bad! Royce's honeymoon period is up or will expire shprtly. If change needs to happen at RNI, on any issue (funding included), its his responsibility to make that happen, now he has been at top for circa 90 days.
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