2 Years of telling Investors Attachie is #1 - OMG how DumbReally for two years management has told investors that Attachie is their #1 prospect, however typical to all of ARX's presentation they lack the technial analysis that supports this thesis.
Management knew full well they could not proceed with Attachie without a treaty8 agreement, and management commited to a project foolishly with unknow economics and an unknow regulatory enviroment.
The negociation strategy is to fully commit to a play with unknow regulatory constraints, squander shareholder capital on the project, and after making all their significant fiscal commitment sit down with the fist nation and beg them to let you go ahead.
ARC needs a management team that is more savvy and know how to return value to share holders.
IMHO