[Bilbo covers his mouth as a small squeak of terror escapes him. He's pressed tightly against the wall, his ragged gasps coming more rapidly through the feed.]

What--no, this can't be worse than--what must I do? There's a way to defeat him, there must be!

[He may be terrified, but he was still the same brave hobbit that faced down a dragon.]

...probably the elf-king, if he's that arrogant about it. [Sigh.]