As far as I know, JV was made between ENT and then AON in Mar 2015. So it has passed for about 7 and a half years and still not abandoned FR project while saying 'reviewing (other potential) opportunities' continuously.
If they do believe it's no worth at all to keep FR project, they could return it to ENT or possibly sell off its interest to other firm or so and simultaneously genuinely seek other opportunities.
But I do not think this is the case. Most importantly E63/1281 is the Jewel in the Crown prospect for the company and even among whole FR. There are most advanced and most prospective prospects such as Plato, Plato South and Heart, etc If CR1 is not carrying out exploration any further in FR, they ought to return back projects to ENT. Therefore, let's see how it goes with most great expectations. I will wait for Big Bang.
Regards,
CR1 Price at posting:
14.0¢ Sentiment: Buy Disclosure: Not Held
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