FAR 1.04% 48.5¢ far limited

Lost in translation or SNE to be sold off to majors?, page-67

  1. 2,090 Posts.
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    I remember one of our posters describing the process as “iterative”.

    If they find that process hasn’t been followed then the remedy is easy. Go back to that point and follow correct process.
    In our case this is of course PE reset.
    This is of course the easiest for the arbiters as was well. It is clean, straight forward. The arbiters couldn’t be criticised.
    If the were to find in FAR’s favour but then go down the monetary compensation track, this would be extremely fraught.
    The arbiters would be criticised whatever.
    Besides if they find process wasn’t followed then they will also do what the Government wants.
    I believe that is “Big Oil”, hence PE reset.
    FAR is the vehicle!
    We shall see!
 
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