Sorry for the slow reply, working hard all day.

From what I have read here, the ultimate KRY news source (: it sound like the bondholders are on board.

The derivative action is gone and the direct action for the bondholder interests is on hold until July.

This indicates two things to me: (1) the company told the bondholders some favorable information, and/or (2) the court considered the company was acting in the interest of the share and bondholders, thus the dismissal of the derivative action and putting the bondholder case on hold.

While I expect that we will file an arbitration case soon, there may be some positive news coming on the project.

Bottom line, for us (the shareholders) it's all good.