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Great find SHoppa. Incredibly encouraging.
Would clarify the figures are cumulative and the total across projects on p13 corresponds to the bsheet amount on p3. So should not he added together.
It was zero in March'22 then 14m by Dec '22 and upbto 17m by March '23.
... is this the sort of stuff on his single issue campaign that latics wants a "safe space" for here, with no challenge allowed?
Said earlier that the contractual bar meaning any third party entry comes out of Navitas' share was a good piece of foresight. Point stands so far as we can see here.
No need for Chat GPT, just search ICSID then enter Rockhopper on their site search gets yo to
https://icsid.worldbank.org/cases/case-database/case-detail?CaseNo=ARB/17/14
Scroll down to the bottom.
Quite transparent really
Re overleveraged/ghastly godders
peeps on here should know this guy was so over his head he couldn't afford to subscribe for all his 7p shares.
Has said he asked his wife but she wouldn't help.
Talk about desperate ...
Misunderstood the content of my post chessmess. Firstly everyone including myself expects at least a portion of the award to be sold at the right time. Nothing added there. More interesting is what might be got for that.
But secondly don't take your quoted historical example as something to extrapolate from.
Hey Chessmess, wouldn't be so inclined to talk in certainties. Not really how the world works you nay like to know.
Just consider, for example, that sometimes the future is different from the past ...
Wouldn't claim expertise beyond that of an educated layman but some of these cases have spent years establishing a precedents on Sovereign immunity for ICSID enforcement. In certain jurisdictions (eg Australia, UK) that defence is pretty much in shreds now.
Our circumstances are diffèrent. We'll be in the fortunate position of riding along in the wake of the trail and precedents already established.
That's what happens.
Institutional holders would be exercising and holding. It's a tiny thing by institutional standards with no possibility to meaningfully trade. They'll decide whether to exercise at the last possible moment - pointless to tie up cash that could be earning interest when precisely the same terms are available later.
Laxative knows this but is happy to go on with his nonsense in pursuit of a single-issue agenda