I'm amazed at the short position on FNC seems like asking for trouble but guess it depends at what price they shorted. Covering could be awful tough if as you say they put out the tiniest bit of positive news.
Yeah the short position on Noront is minimal although I'm surprized they didn't cover on the terrible run down. Could burn them good if, as likely, good news comes out next week.
We'd all been hoping for news on Monday but now BMK is hedging and maybe Noront as well. If news was expected by the market and isn't forthcoming I wonder what pressure it will put on share prices?