The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I reckon there are five potential outcomes for Monday:
1. Court rules in PAT's favour. Happy days.
2. Court rules in GoR favour. PAT sues.
3. JV announced. Happy days.
4. JV talks progressing, further delay in court process.
5. PAT draws stumps and sues.
Of these, I think that 4 is the most likely.
The next court date is Monday - it will be interesting to see if the arbitration finance decision makes any difference to what goes on there.
I have to say I'm pretty underwhelmed regarding the share price action thus far.
For those wishing to view the judgments etc.:
Website: hcraj.nic.in/cishcraj-jdp/
Click on 'Party name' on left hand side
Put party name as: Metal Mining
In 'Pet/Res' select 'Both'
Hit search
When you hit search, the court listing is numbered CW 13521 - click on this and you'll be able to read all of the orders/judgments and see the next listing dates etc.
Thanks Prof. Think the court case is on 11th as 9th is a Saturday. Nonetheless, there are only 2 working weeks between now and then.
The due diligence and arbitration funding decision has been worth the wait and has exceeded expectations. An extra, huge dollop of pressure has just been added to GoR.