Australia's largest stock trading and investment forum Australia's #1 stock forum

FAR

Click for more information

0.00%

49.5¢ far limited

Conocophillips Arbitration update, page-93

First 93 Last

Share
Profile

Follow
gibbo111

485 Posts.

71

25/02/18

08:16

Post #: 31320997
Share

Originally posted by Mr.Hustler ↑

Thanks Whisky. It seems that it only takes a maximum of 60 days to get your panel of arbitrators. 30 days for the initial 2 (or they get court appointed) and then 30 for the 3Rd arbitrator or the court decides.

Here is the excerpt for the third:
5)
Where the dispute is to be referred to three arbitrators, the third arbitrator, who will act as president of the arbitral tribunal, shall be appointed by the Court, unless the parties have agreed upon another procedure for such appointment, in which case the nomination will be subject to confirmation pursuant to Article 13. Should such procedure not result in a nomination within 30 days from the confirmation or appointment of the co-arbitrators or any other time limit agreed by the parties or fixed by the Court, the third arbitrator shall be appointed by the Court

This seems to suggest it should be constituted unless a settlement gets made in the meantime or a time extension is agreed.

Expand

Great to get factual info on this So it should not take till the end of 2019 STH! Wrong again!

FAR Price at posting: 8.0¢ Sentiment: Hold Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

NRX

Noronex joins forces with South32 to look for copper in Namibia

AI stocks: What to expect in 2024-25

Talking Australia's very competitive property landscape: Realty Talks

FMG

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

EVN

Evolution shares up 3% on quarterly results for June showing rise in gold production

There are more pages in this discussion • 42 more messages in this thread...

First 93 Last

Add FAR (ASX) to my watchlist

(20min delay)
Last 49.5¢		Change 0.000(0.00%)		Mkt cap ! $45.74M

Open	High	Low	Value	Volume
50.0¢	50.0¢	49.5¢	$40.39K	81.09K

Buyers (Bids)

No.	Vol.	Price($)
1	36593	49.5¢

Sellers (Offers)

Price($)	Vol.	No.
51.0¢	129688	3

View Market Depth

No.	Vol.	Price($)
1	36593	0.495
1	30000	0.490
2	32000	0.485
3	83930	0.480
2	70000	0.475

Price($)	Vol.	No.
0.510	129688	3
0.515	2239	1
0.520	30000	1
0.525	30000	1
0.530	30000	1

Last trade - 15.44pm 18/07/2024 (20 minute delay)

FAR (ASX) Chart