Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
Some good rebuttals to pennylots post, but no one has answered his point regarding the money raise in January, at 91/2 %, why do they need to raise more funds if case wins are rolling in? Thanks for any replies.
Thanks, I’ll take your advice, incidentally it didn’t show on the ADVFN board either.
Anyone know why yesterday’s results weren’t RNSed? Unless I missed them somehow.
Well i missed that RNS too, if it was RNSed, good news regardless.
Market capitalisation, and if you don't know that be careful, having said that, you will probably do as well as the rest of us. LOL
Latest thoughts:
Over a decade ago, Argentina embarked on a bold move, exercising its sovereign right to nationalize YPF, the country's largest oil and gas company. This decision, involving the expropriation of 51% of YPF's shares held by Spain's Repsol, set off a series of events that led to a significant legal and diplomatic battle spanning two continents.
While the legal battles resulting from the expropriation raged on, Argentina faced mounting challenges. In 2014, the government reached an agreement with Repsol, paying $5 billion for the expropriated shares, seemingly putting an end to the disputes. However, the story took an unexpected turn when two Spanish companies, Petersen Energia Inversora and Petersen Energia (later joined by Eton Park Capital) filed a multibillion-dollar lawsuit in a New York court. Their claim? Argentina had neglected the remaining 49% of YPF shares, leading to a complex legal entanglement.
Recently, I had the privilege of attending a three-day trial presided over by Judge Loretta Preska in New York. This trial marked a significant milestone, bringing together for the first time all the stakeholders who have been entwined in this legal drama for over eight years. In a dramatic courtroom setting, arguments for and against the multibillion-dollar award were passionately presented by esteemed legal minds.
As the trial unfolded, it became clear that this gathering might be the turning point in the prolonged YPF expropriation saga. While the ruling's outcome on the economic award remains pending (Argentina has already been found liable for the damages caused by the expropriation), the trial prompted reflections on the country's next steps. With upcoming presidential elections, there is a sense that the new leadership will seek to resolve this issue once and for all. Argentina's track record in previous legal battles in this very same case (Court of Appeals and Supreme Court), raises questions about the feasibility of a late-game victory. While Argentina may continue to explore legal avenues, the mounting costs and previous legal setbacks suggest a need for strategic reconsideration. The incoming government should consider assembling a team of legal and financial experts to assess the potential benefits of negotiating a settlement with the plaintiffs. This approach could offer a more pragmatic resolution to a complex and protracted conflict.
The recent trial gathering in the heart of New York's legal arena perhaps symbolizes the culmination of a decade-long struggle over YPF's nationalization. As the legal proceedings unfold, Argentina stands at a crossroads, with the potential for a fresh approach to resolving this contentious issue. Regardless of the final ruling, this chapter in Argentina's history will undoubtedly serve as a case study for law schools worldwide, illustrating the intricate interplay of national sovereignty, legal intricacies, and international diplomacy.
But, FCF is considerably improved, may not be as bad as you expect, or you could be right lol
Don’t agree with you, but fair play to you for defending your position
From RNS of 26th June
The trial court has set July 26-28, 2023 for the hearing to determine the remaining damages issues in the case.
Following the hearing, the parties will submit short post-hearing briefs by August 4, 2023, and we expect the trial court thereafter to issue a final written decision and judgment.
Seems like that, i wonder if the SEC will look into it or will i win euro millions? It’s a toss up between the two