Hmm, lots of doom and gloom. Suprised to hear it from you G-SXTY.
Yes its true its not great but hey ho! G-SXTY im possibly going to be in exactly the same situation as you, spat out of the system by Early Nov, just in time for the Flybe online application to open, who knows three months down the line as you were, it could all work out!!
Of course it could all go pear shaped too, time will tell and luck will tell
Good luck to all