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Thanks Mr H, my interpretation of this is Declatory Relief will...

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rollacoaster

5,719 Posts.

1600

26/03/18

22:33

Post #: 32040703
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Originally posted by Mr.Hustler ↑

Although a lot of you may want to talk about something else, I did contact Far today to get some clarification on some unanswered questions I have. I can't reprinted the replies but have been told I can disseminate the info.

Firstly, COP originally offered a pre-emption period to FAR. FAR had requested information involving the sale but were denied and COP are now stating that pre-emption did not apply.

To me, this smacks of the lawyers getting involved and trying to change the story. Hopefully the arbitrators can see through this and put the judgement our way. This gives me some hope it could be a clear cut case.

If we win, we will get full disclosure regarding the WPL sale and 30 days to make a PE decision.

The other confirmation was on the Senegal government not yet approving the sale to WPL. There was no speculation from FAR why this is the case. I suppose speculation is the domain of HC

Thanks FAR.

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Thanks Mr H, my interpretation of this is Declatory Relief will be to determine/declare PE rights exist?
Rather than whether COP provided enough information.

Seems like WPL/COP need to work out which story they are sticking with...and that is said as a WPL & FAR holder.

FAR Price at posting: 7.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 48.5¢		Change 0.000(0.00%)		Mkt cap ! $44.81M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	18945	48.5¢

Sellers (Offers)

Price($)	Vol.	No.
49.5¢	165000	2

View Market Depth

No.	Vol.	Price($)
1	18945	0.485
1	2100	0.475
1	42553	0.470
1	3000	0.465
1	38794	0.440

Price($)	Vol.	No.
0.495	165000	2
0.500	867	1
0.505	30348	3
0.510	69630	3
0.515	3257	1

Last trade - 16.12pm 18/11/2024 (20 minute delay)

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