RE: Madagascar Oil30 Apr 2019 18:27
Gipps51 - IMHO this is not going to full trial, as an OOCS may negate any possible criminal proceedings against SH/O. A CRS by Mickelson resulted in him not being accused of any wrongdoing, as illustrated in my post last night copied below and bugsy-b's posts that I copied to the Frontera Archive @ MON 22:53 and MON 23:14 (in the link below). Also, as Freeatlast suggests in his post on MON @ 16:29, that SH/O knows the ropes and wouldn't have been stupid enough to Short. The shorting would have been left to the 'partners in crime' who are assumed to be TW et al (after the arbitration leak and all the bile on ADVFN). If an OOCS is being negotiated, then the Judge decides that there's no urgency required for the TRO. SH/O survives, although poorer, FRR have the shackles removed allowing a deal to be struck with the super majors, and TW et al get cremated when FRR list on another exchange (possibly one that bans shorting).
Nice find bugsy-b and good posts by CF73 and BezzyBushFire.
Linking them together, it's possible that FRR settled with YA quickly, with them getting off lightly to help simplify matters, with a would-be super major waiting in the wings. FRR then pursued SH/O and haven't used any possible links with YA, naked shorting or leaking of the arbitration, to enable an OOCS, via the Civil Courts. If this is achieved, then I assume the Civil Regulatory Settlement would negate any possible Criminal Proceedings, as in the case of Mr Mickelson in bugsy's post @ 22:09. As the report in the link posted by bugsy @ 20:37 shows that SH/O has Civil Regulatory Settlement, then it's likely that an OOCS will be reached. This would avoid possible disclosure of evidence, that could result in Criminal Proceedings, assuming that FRR has such evidence. This might explain why we haven't seen a smoking gun in the court papers.
http://www.lse.co.uk/view-general-chat-thread.asp?forum=commodities-and-mining&thread=41C7D130-7E51-4344-82E7-83B697F53322&page=last
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