RE: Hope filing - "meaningful settlement negotiations"26 Jan 2023 09:29
To add further context to your commend WHamBoy, litigation is expensive and should be avoided at all costs. So I think we can dismiss your option 3, assuming both parties are reasonable, which the information provided suggests they are.
Hope is not the same villain as ZM and if I remember correctly, saw an opportunity for a good, if not excellent, return on his investment. Hence the legal action. Although, contrary to my comment, you should not start legal action if you don't intend to pursue it to the end, are prepared to pay, but ultimately prepared to reach agreement based on common sense. This is what I believe has happened now.
Which suggests your option 1 being the most logical outcome.
Once Hope is resolved I am hoping matters can become more clear and a return to market possible. Speaking of which, there indeed has never been a better opportunity, with the situation in Ukraine affecting the Russian energy supplies, which will not be recommenced, makes an ideal opportunity for new and existing suppliers to provide oil and gas.
Funny how things work out. The situation with Russia and FRR could not have been predicted, but is actually a good opportunity for FRR, one no-one could have predicted, so maybe Hope and FRR see this opportunity and have agreed to work together to expedite growth, combined with a return to the LSE.
We can only hope this is the case, but its clear key pieces are coming together now, following the removal of toxic elements.