RE: Whatβs the status on Romania Arbitration with 40% partner ?18 Jan 2022 22:20
Hi 28jaczar01 good point , the JV partner has not adhered to the finance of the well and all cost have been occured by Senx.
This is not unusual and indeed why senx holding back on further investment i.e pumps.
All we can do is await the arbitration case , if JV defend then win they will need to pay cost of there part plus interest.
This is as much as can research the case