RE: Muddy waters8 Sep 2019 09:34
StarRage: re your funding point, I concur. Although, rather surprisingly, the loan term sheet was issued knowing this!
The gogc arbitration, and FRR counterclaim, in my opinion are just respective negotiation stances; a deal is being thrashed out involving all parties and a major or majors. At some point it will be revealed and we will all profit from it. If we agree that a loan is unlikely then that suggests that Zaza and SN believe we must be close to a deal. Rose tinted specs firmly on this morning :).