Well Venturous here is a spin you have never considered.

Mulgravian has a signed deal with Shoreham for 51%. Mulgravian has ponied up one heck of a ton of money over the last two years. Plus the Dundee buying which has continued even today.

So here is the scenerio - Shoreham drags its heels on this Sardine Hill deal, Wallster gets pee-ooooddded and says to Bending - we have completed our end, you owe my company and myself big money, so we are taking over the Sardine Hill on a reverse hostile takeover. Thankyou for your wasted time, see you at the Special AGM!

Now that makes sense to me.