A potential settlement in the coming weeks is a promising...

A potential settlement in the coming weeks is a promising development. Yes it is unpalatable, but there is nothing to be gained from a protracted dispute with a military gov in a country that does not recognise the rule of law - this is Africa baby. Once resolved, subject to the cause of the dispute, I expect LLL will seek legal advice regarding potential claims against FFX, not just for the value of the settlement payment but also additional costs to the project caused by whatever FFX did (which could include the loss to LLL of having to sell the 5% stake at the project level during cyclical lows). FFX may not have sufficient assets to pay that claim, but subject to what caused this issue it's possible that the D&O insurance of FFX's board during the relevant time could be in play. Wouldn't that be something if LLL is the party that finally gets to the bottom of what happened at Anderson's "fully funded to production" Morilla.

Fun times ahead. Fingers crossed for a timely resolution.