Wence CN said at the AGM that there were no PE rights in The Gambian JOA.
I doubt the debt Erin owe is tax, but more likely lease rent ect.
I think you are right though, I think the government will end up with that 20% and they will sell it. CN also stated Erins share could not be sold as they had a default notice on it.
So The Gambians are owed, FAR is owed....so FAR needs to be paid before any sale so it makes sense for FAR to be the first port of call.
CN also said at the AGM that they were very well aware of Eriuns situation, it had been on the horizon for quite some time. Aimo DB
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3 | 82855 | 0.450 |
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1 | 50000 | 0.440 |
1 | 50000 | 0.425 |
Price($) | Vol. | No. |
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0.475 | 26333 | 2 |
0.500 | 10000 | 1 |
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