Oh OK so Peter Colemans words are not facts......that I can believe! If CN had said that pe rights existed then said they didn't you, and others, would go in to hyperdrive with vitriol but Coleman does it and thats fine....lol Second try reading FAR's announcements. The Gambia next licence period COMMENCES on July1....... If FAR had not mentioned re submission we wouldn't even know lol..... CNOOC expired on the expiry date pretty simple really.
You can lay any delay squarely at the feet of COP and WPL for completing a transaction whilst in dispute. If FAR's arbitration is blocking WPL from finance because of title uncertainty then that's their fault and a master stroke by FAR because WPL would have just ploughed on regardless....as they have tried to do. You laughed at me when I suggested that arbitration could delay FID which was due a month ago but we find ourselves without an exploitation plan even submitted as far as we know. These are the facts.
FAR Price at posting:
6.8¢ Sentiment: Buy Disclosure: Held
(20min delay)