That’s all we can do chill, keep our fingers crossed.
It seems FRR are determined to keep going and fight on as shown with Ukraine. However, for any kind of a re-list and for holders to get their money back then the Hope legal wrangle and the arbitration needs sorting. For me the big one is the arbitration as no lender will lend to FRR unless the issue with the Georgian gov is cleared up. If that situation is cleared up then is feasible that a lender would lend to FRR (Asset B12 as security) to clear the OMF loan.
The whole thing is a mess and the DOS holding or asset moved safety is critical in my opinion. Time is of the essence here I think.
Still hopeful but what a mess eh. I’ve always said that FRR made a poor decision to default on the interest but time will tell.