The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Https://www.gold.org/goldhub/data/gold-production-by-country
Dbush
I noticed the goverment does flip between 2 parties every 5 yrs. So maybe the same party was blocking them in past.
However, settling it and blaming the former party is often a good political strategy. That is why i am quite interested in the reaction to a potential law suit on the ground in india.
Thinking in a similar way to you
Thanks for being constructive :)
Personally i would be interested if the change of gov has changed dynamics.
It damages can be revised upwards and downwards during hearing inline with commodity prices of blue sky discovery.
Also if interest accrues at spot or past. Given usd libor + 2pct is 6pct on maybe 1bn. Might be worth an ask.
Gabriele just lost their case in part due to such issues. I want to ask short questions on many topics.
1. Is litigation mentioned in sale docs.
2. Local opinion on litigation
3. Gov change in dec 2023.
4. Does auction result limit value of claim.
Good morning.
Are there any questions you would like to ask to the ceo?. I am trying to arrange a call next week, hopefully next Monday.
I often reach out to companies and the good ones agree.
I plan to ask about red flags around the project ( local opposition, environmental issues).
Plan for managing active assets vs litigation.
It wont get approved.
I went to the agm. They were aitting there scared of protesters.
3 old guys who were afraid to even have questions raised.
When you attend an agm and meet the people you realise what it really is.
A good point.
The ramp up is also dependent upon installing concentration units. That is because the grade is not high enough.
The question is will people invest to allow them to show their operation can run?
I am frustrated with this one but still monitor to see if progress can be made
Https://icsid.worldbank.org/sites/default/files/parties_publications/C3765/Claimant%27s%20Response%20to%20the%20Respondent%27s%20Requests%20under%20ICSID%20Arbitration%20Rules%2028%281%29%20and%2039%281%29/Legal%20Authorities/CL-13.PDF
Information on timelimes. Quite good on average.
Once they have hearing takes over 1 year to get answer. But we can have lovely run up to 20pct of final claim qnd then derisk!
How is a vat refund a long term solution.
You pay the vat on inputs. As we increase production the money again will get tied up with the gov.
In steady state production we will always have a vat receivable. It is not like this is just cash we can freely spend.
I see they lost.
Is anyone else thinking about derisking and moving profits to pat.l?
I follow lit and recently took a position in pat.l.
From what i see they might make a claim of circa 1bn usd vs market cap of 11m gbp.
Sounds like greenx from years ago.