I need to apologise as I have been completely incorrect on some points regarding cartesians security over all of orinoco's Brazilian assets.
Having read the finer details it seems this change from having security over just cascavel to all assets actually came about in December 2016. This is before anglo came on the scene and long before the new management came onboard.
Again I apologise if I have created any fear. I am new to this entire drama and clearly jumped the gun.
On a brighter note it seems Cartesian may be happy with just the original US$8m they invested if the royalty payments are not made.
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