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News: FAR FAR Says Debt Financing Not Proceeding As Expected, page-83

  1. 1,380 Posts.
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    I think that FAR left the all so important financing for SNE phase 1 at deaths door (I did post they MUST secure financing before PE decision) because, imo, they thought they were going to win in Paris. But then something changed (in Paris, imo) and they scrambled for the last CR for FID before the news had to become public. I'm highly suspicious of the tribunals decision (in December apparently) having to be "rubber stamped" by the the ICC to be made official and that rubber stamp was not expected until the new year. The change, imo, possibly was due to a weighting given against the trust worthiness of the company, particularly on whether or not they could be trusted to on sell any increase in WI. Imo, the ICC decision as announced, could have been made 2 years ago, if the ICC could have accepted the case in the first instance. If I'm wrong, then it seems to me, we paid and waited for over 3 years for internal deliberations on what an organisation is able to adjudicate on.
 
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