Member Info for Gallmat

My guess is that even if settlement talks were ongoing, and I discount it then panthera would still keep the process rolling.

You want to build pressure in a negotiation not give the other side breathing room

One thing on the presentation. Given it was a paid for event I am not sure we should really put all the info out in public domain.

Just my view. I don't think it is fair to the organisers.

Maybe it is worth simplifying the debate. Even if the claim is 1bn ( most likely much more) this is at 4pct of that claim = cheap

It is probably worth remembering the deadline for India is tomorrow. The market shuts before the end of the working day so we might get an rns on Monday.

I know for SOC we had some worries over this, not getting rns on deadline day. So I am looking for new on Monday!

I am still hopeful for a mini delay for a cheap top up :) but it seems less likely now!

The presentation was excellent best marl did.

I am probably not going to share too much as it was a paid event and the organiser has been on the telegram channel and it is not fair to give out his content.

One thing of interest was Mr Bolton has 1m usd at 20p from shares he purchased with own money.

So if you want ceo alignment you have it!

For the rest I would recommend you subscribe to the conference

10 am usa time

If india keep this deadline we are in a good place. As you say we will meet the timeline so we would be effectively on time for 3/4 of the process.

The final response from India should also be a smaller document, this is the big one

Let's see what happens

Actually I would love lcm to try and sell this case on to solve their issues. It would be a real validation :)

If lcm could not meet their commitment, then most likely I expect they would default on some of their return.

We could easily raise the money as I think as 63pct is already drawn. That is worst case. Most likely someone like burford would step in. They get the return and most of the work and waiting is done and can see the other sides arguments.

I think people are just waiting to see if india responds.

Honestly could this be better. Highest gold price ever ( not expected) trial in Dec. I think it is aim being aim

Personally I don't even consider early settlement. It is the best solution like a golden ticket. If it arrives great, and however it looks it is brilliant.

Cannot build a strategy on it. Just hold and wait for trail date

I key reason for holding pat is that we face india. I am not sure it should be viewed as a negative.

India have paid in the past, have foreign assets, are a huge country and value their position on the world stage.

When choosing cases I had a choice of india or a poor Africa country. This is a key reason foe me selecting pat

I think cairn resolved it in under 1y and they recieved 1.2bn. So collection is not a worry

IMHO we are in the best value to risk stage now.

Personally not something I worry about as I will exit before enforcement stage.

Enforcement will be a good problem to have

Well done all !, we made it to 1 week before the deadline without a there is a delay from India.

Never say never, but it would probably be bad form for india to pull out a delay with 5 working days to go.

If they did it I imagine the panel would not exactly be impressed!

Anything can happen and this is the best setup we could have. Gold high, fast trial, no bifurcation and no hint of india messing around ( yet)

I am settle this.

Panthera are actually waiting to have a mali license extension so technically we don't even have mali at moment.

Also mali kidnapped ceo of gold firms and stole tons of gold in a helicopter. They gave it back after they paid 100's of millions in fake back taxes ( so the ceo was released).

Honestly, people are not putting much value on assets we technically do not yet control in that world.

It is all about the size of claim and litigation and at 1.6bn. The claim will be close to emmerson

Here

Suggest. Going site. Only 50 a year and it is superb

The ticket cost is 50.

Without membership it is 100. So take membership as well. Good picks!

https://www.undervalued-shares.com/special-offers/events/litigation-investing-legal-special-situations/

Go to their board lots can help you there. I know the stock

7 more working days until response.

Everyday or no rns is a little celebration

If there is a reaction it comes next week. Circa 300 people signed up for the online litigation conference next Wed. Maybe that builds some interest that can be released when india respond.

I did my top ups around 20

If u check the video from Penny queen there is a moment the ceo said at end calc is simple. PxQ

Not me saying it. Let's leave it here. Just pointing out info from video. Not trying to mislead or anything. Been here for years. Just pointing out things that are public.