FM, I think you're right in your assumption that the two biggest players want to fast track exploration. Their motivation imho is to put the squeeze on FAR and the recent cap raise has just delayed that process. I am convinced that the JV partners would squeeze FAR out for a nominal on their hope FAR wouldn't be able to keep up with the funding. Personally i think this issue is ever present and the Recent CR has extended that timeline and even had WPL/cNE rethink their strategy, hence the WPL annt.
For those FAR SH's who continue to think all is well in JV need to rethink that position. I have some confidence FAR will go the distance to force a buyout but it's not certain. I just hope the forces continue to work in FAR's favour incl the govt current position.
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