re: Ann: Tangiers terminates farm-out agreeme... MrT, I have never had unflinching support for management. What I have said is that I will not hold judgement until I see what they bring to the company in the form of new business. I was never personally happy with this deal, but management took this direction. I can moan and whinge about them but I choose not too as it is easy being an armchair critic and it achieves little. To me, this was all about Morocco and Aus assets were the bonus feature that come afterwards.
"In terms of business contracts, the meaning of Force Majeure: Standard clause found in construction and supply contracts, it exempts the contracting parties from fulfilling their contractual obligations for causes that could not be anticipated and/or are beyond their control. These causes usually include act of God, act of man, act of parliament, and other impersonal events."
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