Ann: Dispute affecting interests in permits EP127, page-5

re: Ann: Dispute affecting interests in permi... "Baraka intends to take legal action seeking (among other things) an urgent declaration that the purported default notices are invalid, and an injunction to prevent forfeiture of Baraka’s interest in the tenements. "


Wonder why Baraka has made no reference to a possible forfeiture of a reasonable percentage of interest, by not contributing their agreed share for 127/128, (with their challenge), instead of now having to challenge legally, Statoil's default notice, which could cause complete forfeiture ?

Looks like we might have to rely on Mineral Sands instead of oil and gas soon.

BTW, I was told a while ago, (from company), Baraka will make more money with mineral sands than anything else.
Maybe that was a prediction more accurate than what was envisaged at the time.