Certainly a possibility, although it's hard to see how there could be much in the way of progress without a studio. And MGM would have a livid interest in announcing their own game for the future - if there was anything to announce, that is.
Well, it's possible things are shaped into a certain mould -budget, script, etc. - and MGM is presented with the readymade package and the option to eat it or leave it. Either way, we'll hear about it.
Any development on BOND 25 seems tremendously unlikely.
It's fun to imagine that EON developed the film in secret and that they're getting ready to pull the trigger on a new film, but, if so, they've been so secretive that Baz Bamigboye doesn't know about it!
Careful with news from Croatia. I still have a scan of a Croatian newspaper that has an "interview" with Tina Turner in which she confirms that she's going to sing the title song for Casino Royale...
They bought it, they own it. It's just that the transport has been delayed. This could be because there are difficulties with the transport itself or maybe storage problems. Of course, it's all possible that it is simply delayed until this minor media buzz has toned down.
The German Fan Club remains in contact, I'll keep you posted...
Edit: ...and faster than you think:
The helicopter has been picked up today. The Bond Bulletin has all the information, pictures and a video. With many thanks to Benjamin: