Frankly, we're all guessing because we have no knowledge of the case. But these people have done this kind of thing many times before and in my experience don't like to raise expectations if they don't get a positive sense of the proceedings at hand. At some point, the client is fairly likely to be disappointed and better if you don't leave them counting on too much at this stage.
As I say, it isn't foolproof. I was part of a team in one case where our client, a Russian company, was defending a arbitral claim asserted by its American counterparty before a Swedish arbitration institution. We and the lawyers assisting with our case were convinced we'd had a shocker but we ended up with them finding for us unanimously on basically every point.
On balance, it's definitely better that @Ric has posted as he has rather than suggesting that people in MCFC are slashing their wrists. But it can be grounds for only cautious optimism. We still have to wait and see.