To PE or not to PE, page-37

In my humble opinion if FAR have done no wrong in regard to the PE process then they need to chase this asset with the ever-increasing value regardless of whether or not they get the nod from the government. If they don't they are not acting in the interests of shareholders. In fact it could constitute a serious breach. Nudge-nudge wink-wink promises of favourable treatment in allotting further exploration licenses just won't cut it either I'm afraid.

If it comes to light that FAR slipped up somewhere along the line costing them their right to PE or if management try to walk away from PE or offer excuses that it's out of their hands then precise details of that need to be revealed too and one or more people will need to get it in the neck. After all, it has been rumoured that if WPL lose this asset then Peter Coleman may very well be cleaning out his desk. Same should apply to FAR management for the same reason.