Member Info for EmeraldCarrots

is somewhat overwhelmed. I post and nothing appears for half an hour etc....

passengers fully vaccinated are happening plus similar elsewhere in the World and flying anywhere is some sort of gamble on how much it willl cost and how long you have to isolate I submit that cruise lines will be happy!!!!
I do not know any reason why the sp shoul go down. Up, yes, but down, NO.
All IMHO.

If I keep going all day maybe we will get to £1.50??? LOL!
Up 6%, now £1.23/1.50.

I'm wondering here.
So up 5.6%, £1.23/£1.24.

It's up 3.4% now, £1.20/£1.22.

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and previously when the news of going for FDA approval came the sp was about £1.39.......
Creeping up by the looks.
All IMHO.

the bank I expect the sp to surge from here. I guess £2.30 to £2.50.
But dealing with the Indian Government we need to make sure the money is in our bank!!! I don't trust them one bit.
All IMHO.

That's 11$, not 111%, LOL!:-
up at the moment. General market is having one at the moment.
EZJ down 11%, understandable due to rights issue.
BP. down 2.2% with brent @ $71.48 - crazy.
SBRY down 2.3%, although I don't hold. That bid not coming then??
All IMHO.

up at the moment. General market is having one at the moment.
EZJ down 111%, understandable due to rights issue.
BP. down 2.2% with brent @ $71.48 - crazy.
SBRY down 2.3%, although I don't hold. That bid not coming then??
All IMHO.

International Arbitration appeal until everything is agreed and confirmed in writing. However the Indian Government have said they want, wait for it.......... all the 17 cases to be sorted out at the same time. So what chance of that happening in the next 3 weeks???? I'd say almost NONE. So maybe we will see the result of the arbitration and IF Cairn win (as they have not committed to anything yet as far as I know) maybe Carirn's stance will change. It is not agreed until it is agreed and signed off by all. Just because verbally some of the board have said they will agree to accept the $1 billion that does not mean it is actually sorted. It may not be agreed if any of the other 16 Companies won't play ball.
All IMHO.

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Cairn should accept nothing less than $1.6 billion, being the COMPENSATION award by the International Court of Arbitration's ruling, less $100 million (max) to get this sorted quickly.
As the Indian Govenment "offer" is only $1 billion (to be clear some $700 million short) Cairn should have said nothing and let the Indian arbitration appeal go ahead over the next few weeks. I fancy India would have lost and that would be the end of any further appeals against that ruling as far as I am aware. Then, as now, there is a massive "avoid" notice to all as far as investing in India goes.
Also the legal action against Air India would continue with the possibility of Air India planes being seized and sold off to help pay the debt. Highly embarracing for India to say the least.
All those talk of "another 5 years of legal action" is rubbish as far as I can see. Assuming India lose the arbitration appeal they would be in very serious trouble and they know it. Investments would be very seriously affected, maybe even ones that have been agreed but not done yet. I think investment decisions wpould be reversed.
The other MAJOR point is this paying $1 billion but not the $700m hardly gives a good impression to potential investors in India does it?? The Indian Government don't seem to understand that aspect at all as far as I can see.
All IMHO.

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Maybe Kirmit, or the Swedish chef.

dharmendra.
My average is about £1.26 so I'm up a lot.
I think you and the Indian Government do not understand the ramifications of this outrageous offer by the Indian Government. I think Cairn have had enough and just want to move on. The Indian Government have revealed to the World what they are like and I think it's their culture that makes them think the offer is good. I hinestly think they believe the offer is good. They fail to realise International Investors would not consider this a good offer, more outrageous I'd say. Investment will not return, at least from the UK, Europe or the USA in my opinion. Why would anyone in their right mind invest having read what happened to Cairn, and more importantly what Cairn eventually got......................
All IMHO.

take, let's call it $1billion from an International investor.
Over 10 or more years the International Investor takes various legal action, winning every court case but gets no payment.
Eventually we get to the "supreme world court" so to speak and the Internationa l investor even wins that! Still no payment. Then you get offered about 60%. So in real terms you have spent 10 years or so pursuing India through the courts and have ended up LOSING 40%.
So if you want to invest, or back a Company who is, or intends to invest in India you can see what they are like!!! I'd call id totall disgraceful. I'd say AVOID.
All IMHO.

Quite possibly IMHO.

$700m interest and legal fees awarded by the Tribunal the Indian Government are sending all the wrong signals to International Investors. Shows how badly they have been advised all through this 10 year legal nightmare. "Roll up, roll up!!! Invest in India and see what happens!!!!!!" LOL! Even when you win International arbitration against India you still won't get all your money back!!!! So why on Earth invest in India in the first place????????? I see massive risk, even when you WIN an International Arbitration case against them. The risk is there for anyone to see and plastered all over the International mediaall over the World! A massive do not invest in india advert as far as I can see! How they don't realise this just shows how different some cultures are.
All IMHO>

and legal fee compensation too. If the deal without this is done IMHO it is BAD for Indias reputation. It shows International investors how they are likely to be treated if a case goes to arbitration. Not good when the award was $1.7 billion and you only get $1 billion. Lays bare how dangerous it was, and still is to invest in India. Obvious. The main part is the "and still is".
All IMHO.