Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
I think an appeal has to question to points of law over the judges decision regarding the courts decision on Monday. An appeal is a seperate option to a new scheme. If Amigo appeal negotiations for a new scheme would undermine the appeal. I think that's what they are deciding on at the moment. Appeal or go to negotiate a new scheme.
@nebalon no MPs are going to give the FCA a kicking. The relevant select committee, MPs All over the house want to give companies like Amigo a kicking. Solutions for those not accessing credit seem thin on the ground though so far.
Even i the FCA counsel was dishonest (they weren't they were just presenting facts that beast supported their clients position) then I think the judge was more than capable of looking at the facts himself.
If somehow this was missed then surely Amigo and their legal reps have will have all that info in the bundle he'll be going through. Or there is some information we have not been privy to regarding the bond holders than mean it's less of an issue (somehow!)
Don't email a judge. There is nothing you can point out that Amigo's QC has not already gone over. Complain to the FCA by all means but emailing a judge as you think he might have missed something is mad!
It's increasingly going to be the case that subprime financial products are going to be more strictly regulated. Not because people are thick but because being in a fragile financial situation does make you vulnerable in terms of judgement. That's the political reality and direction of travel. (Understand that will bring other political problems)