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Ann: WPL: Senegal Reaffirms Completion of Transaction, page-61

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Tony999

6,109 Posts.

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21/06/17

14:50

Post #: 25407894
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Originally posted by ThinkinLoudly ↑

A few things..
1. At its most basic, it has never been nor ever will be and nor should or could it ever be the mandate of any government to decide the commercial substance of and therefore appropriateness of outcomes of any dispute between joint venture partners. In this context, any Senegal government approval (express or implied) in no way makes any comment as to whether FAR did or did not receive appropriate PE notice or materials from COP.

2. Interesting that WPL made comment as to veracity of FAR's claim. It is entirely possible that whilst WPL has an interest in the outcome, it may not have any role whatsoever in the actual arbitration proceedings.

I think all I'm seeing is a lot of stones being thrown ... a lot of 'face' is at stake and so long as players keep leading with their chins, more 'face' will be at risk!

Have a great day

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This has nothing to do with WPL.
This is between COP & FAR.
WPL are stuck on the outside of the boxing ring calling for COP to knock our blocks off!!

We just keep ducking & weaving and poking our tongue out at Pete between rounds.

FAR Price at posting: 7.4¢ Sentiment: Buy Disclosure: Held
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