NBR's stand-off with the Serious Fraud Office remains finely poised.

If it goes the wrong way, editor-in-chief Nevil Gibson (or Neville, as the SFO insists on calling him) faces up to 12 months jail and a $40,000 fine.

The worst-case scenario, according to fringe business commentator Bernard Hickey, would see Mr Gibson sharing a cell with Cameron Slater.*

But Private Bin thinks the above photo** show NBR's helmsman has been working out and is in good shape to hold his own in the prison yard.

* Yes, we know Whaleoil has only been fined; just go with the joke and imagine he doesn't pay.

** Supplied by a staffer who can't be identified, beyond that her surname is Phillips, and her first name begins with H.