Confused with earlier Pophead post29 Jun 2019 16:19
"Here are the real hard bones of the worst outcome for LTH layed out with glee by SweetKarolina.
With OMF owning 100% of all Georgian assets (FRCC - possibly solvent, so no court supervision of wind up required - great FTI can do what they like to repay creditors and contributors (OMF) - listening to the opinion of OMF (FTI already confirmed to FRR shareholders they do not own shares and are not even entitled to talk to FTI)), what is left for FRC?"
1a) Georgia asset is owned by FRR (FRI)?
b) If a deal is done or even production numbers improve, then we simply payback OMF and own the company outright.