Ann: Arbitration Notice, page-42

Despite what FFX say these things are often not cut and dried. Just like FFX and LLL were seperate legal entities decision makers of each were peeing in the same dunny and likely sitting in the same offices - that did not cut it with Mali. We do not know but FFX managers may well have dealt directly with major creditors giving a strong impression they were running the show. The corporate veil can be pretty thin at times.
Plenty of holders would have assumed FFX were in fact running the show.
There was a throw away line very early on from FFX about taking legal action against a creditor/s. Nothing eventuated of course. Everything out in Court would likely embarrass FFX because someone took their eye off the ball or just had no idea and the creditors went to town racking up apparently unsupervised debt in a short period of time.
I doubt anyone at FFX or LLL would be totally surprised by this.
Talk about being outsmarted. We all know the $US60 MILL compensation to Mali was really all about the walk away from the mine and creditors. That money could just about have paid out creditors.
The Accounts will not be completed until this case is over.
Looks like the timing was orchestrated with Mali.
What next with FFX, LLL and Mali??
FFX has other creditors.
Then LLL are up for Cap gains.