Alba
believe the CRE ann was purely due to "timely and complete disclosure"
As all deals concerned are third parties who got their rights prior to FML becoming involved, has at this stage no bearings on FML (or CRE for that matter) as far as I read the release.
And to be really blunt:
CRE owns the tenements - not FML - until such time as CRE is wound up and delisted.
At this stage FML owns less than 80% EQUITY in CRE - so does not own any of their tenements in a technical sense - but can control the future of the company (CRE)
what are we waiting for?, page-9
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