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Capricorn Energy has halted legal enforcement actions as it finalises a tax refund worth almost $1.1 billion from the government of India. The oil and gas explorer, which recently changed its name from Cairn Energy, had initiated proceedings in several countries to look at seizing state-owned assets after an award from an international arbitration panel. The company’s lawyers began actions last year to take control of properties in upmarket districts of Paris and aircraft in the United States as there were few signs of India paying up.
However, Indian officials eventually proposed to amend the law in an effort to settle the long-running tax dispute and the company hopes that it will be paid this month. Capricorn, which is based in Edinburgh, has producing assets in Egypt, as well as interests in exploration in other areas including the North Sea and Mexico. According to Capricorn, the withdrawal of its enforcement proceedings marks the final stage in its agreement with India. “Upon its acceptance of the company’s submission that all of those requirements have been satisfied, the government of India will pay the company a tax refund of approximately $1.06 billion,” it said. Analysts from Barclays said it was clear that the dispute with India was “into the final steps”.

https://www.yorkshirepost.co.uk/business/everyman-passes-screen-test-as-trade-driven-by-strong-admissions-3536946

well to not even get a 20% rise on that is ridiculous, i reckon we could see 20million proftits once Batman etc are released

how is this not back to 200p plus. wtf!!!!!!!!!!!!!!!!!!

I cant belive the market is not snapping this up

The Batman and Top gun Maverick to come

https://youtu.be/S90qwWJY1nQ

https://youtu.be/S90qwWJY1nQ

we deserve a rerate back to 250p

revenue of 1 billion but huge debt , the mcap is down here cuz of the debt pile

be taken over by a wholsaler, hmmmm

https://www.independent.co.uk/news/world/europe/red-cross-cyber-attack-icrc-b1997045.html

https://www.icrc.org/en/document/sophisticated-cyber-attack-targets-red-cross-red-crescent-data-500000-people

this could drive higher in the event of a massive UK cyber attack

someone who just bought 30grand of crypto yesterday

must have been forward sold.

Lol. Im holding. Theees no need to sell at all.

jog on

the only thing that could stop this if the FCA don't approve it as a crypto business. IF the RTO gets approved this could go flying

marathon not a sprint, i can wait.