The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
"The decision is notable in that the pronouncement that intra-EU disputes cannot be arbitrated under the ECT was not a question referred to the Court; nor is it contained in the dispositive part of the judgment as the case did not concern an intra-EU dispute. While the Court cannot thus be said to have issued a formal ruling on the matter, it is a clear indication of how the Court would decide the question, if referred, in future."
So the question is, did we get our case through in the nick of time?
"Tomorrow is the first of September and Sam promised an investors meeting and Harbour have to let Navitas know one way of another."
LTT, you posted the above earlier. Where have you got the bit about Harbour having to let Navitas know one way or another? My understanding is that there was an exclusivity period for Navitas to decide if they want to farm in, which was extended to 30th Sept 21.
My interpretation is that on or by this date, Navitas can sign up or walk away. I didn't read it as Harbour would let Navitas know if SL was going ahead or not by then. I see no reason why another extension can't be applied if all parties are happy. And so it would continue.
Apologies if I've read your post wrong.
Assuming the award decision isn't released this afternoon, would it be feasible that the current delay is a bit more than an 'administrative' delay? Is it possible that Italy are now trying to settle this outside of the arbitration process (if that is possible?) thus preventing the feared precedent being set?
Anyone got an account here (and can speak Italian!)?
https://www.pressreader.com/italy/il-fatto-quotidiano/20210731/281505049258601
What makes you say that? Looks to have been pretty flat to me over recent months.