Great point you make, i had forgotten. FFX did not construct...

Great point you make, i had forgotten. FFX did not construct Morila in such a way as to avoid creditors in the event of financial problems. FFX purchased it off Barrick who has been operating under that same structure for many years. So there can be no argument we set it up to avoid creditors. A similar structure is probably used by most foreign miners in Mali, likely Africa.
The issue was incompetence which unfortunately coincided with economic uncertainty and falling POG which led to the CR being cancelled.
FFX will likely first challenge the ability of EGTF to even lodge an arbitration claim. EGTF would have to have some pretty damming evidence of incriminating representations by FFX staff to get past that stage.