Nic Limb confirmed in the annual report -
Macey has confirmed FAR have a financial backer.
- He is proud of the FAR executives who have been working extremely hard on this.
- We are strategically positioned for international arbitration.
- Multiple companies involved including Senegal.
- FAR have reconfirmed they have been denied their PE rights.
IMO The reason why Senegal have not given their approval to COP is because FAR have now advised mediation has failed and in the absence of any alternative, they seek agreement from Senegal to proceed with international arbitration.
This has now reached the point that they have all been trying to avoid for the last 8 months, but it's now
CRUNCH TIME BOYS ! Put up or shut up, your choice and by the way the drill bit is still turning.
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