Member Info for Gtx1

Warp speed was introduced on April the 29th 2020 and Trump was informed of his first covid case in America on the 6th of February 2020 , so it wasn't so much a warp speed operation and more a steady as she goes Scotty and sticking his head in the sand , LOL , TRUMP didn't have any plan and didn't want to even acknowledge there was a problem at all until he had no choice at all. Also he wanted Covid played down at the expense of saving lives because he was running for President that November again. Now if you know Trump like I do then you know that's his trade mark type of decision.

Most Americans are religious , doesn't it show you how people throw religion to one side when it serves their personal aims and agendas, as Jeffrey Epstein stated on one of his recently revealed tapes, he said DONALD TRUMP has no moral compass, !!! and thats from that paedophiles own mouth.

As long as we get our settlement money work away Donald , a country gets the government it deserves !! that's democracy like it or not.

GLA

That makes sense extrader, though it does seem like trump could have beaten anyone thrown at him with trump blaming the current price of American food on the democrats policies, and yet the same inflationary issues were experienced by most of the world because of the pandemic , and yet it was trump himself who exasperated the pandemic in American because of trumps delaying actions around taking any covid actions in the first place.

On a brighter note our shares are doing very nicely in the USA $14.63 = £11.35p. because of trumps corporation tax freeze plus the likelihood of Javier Milei's getting a good deal for Argentina with the IMF and Trump helping Argentina in other ways.

GLA

Maybe they should have chosen Tim waltz ? He may have stood a better chance. ?

With Trump in charge and not listening to practically anyone then the next 4 years will be a eye a opener, though the chances of trump getting assassinated will rise substantially I'd say. American history dictates this !!!

I was wondering while watching the odds of trump winning going up and up n the last several days , now this explains the win now. The lesson ? , follow the money trail ,LOL

When our shares are rising and hopefully rise even more then it feels like a bitter sweet day for me personally . LOL

GLA

Then you should have put some money on trumps listed Trump media company last week at around $14 dollars and now around $49+ dollars, I thought kamala was respectable and well up to the job, though Michelle Obama should have stood, though she's no interest in politics, they now have America's first dictatorship , Putin will be celebrating today and zelensky

Will be very sad.

GLA

Trump , Harris, ?? heads we win tails we win , Trump will surely help milei now / Argentina , after all milei has backed trump at considerable political risk to himself and I'm assuming his own counties interest , so Burford can collect here virtue of milei backing and helping trump get elected again.

I'm stunned at trump winning , the world is a bit mad , such is life, if we can benefit from it then it's a case of every cloud has a silver lining . American corporation tax doesn't go up now to 28% from 21% ,so I guess big business like ourselves will benefit from that in our earnings and the share prices today, with the average ordinary American tax payers paying for that with a 20+% tariff on their goods. Talking about Turkey's voting for Xmas. Crazy world we live in today.

GLA

Great you've found and posted that Bluewiley,

Sebastian Maril was correct all along , Argentina needs to negotiate with all its creditors at the earliest opportunity after the legal processes have finished, that way milei gets more time and space to deliver his economic plans to develop his economy and open or lift his country's capital controls, that way his country gets much bigger loans on these capital markets with the confidence that his country's all good to do business in it again with a open and free economy able to flourish and pay back all its borrowings including all its creditors. Confidence in Argentina equates to everyone winning especially the long suffering Argentine people.

Burfords court award is money in the bank if your prepared to wait a year or two. Also hopefully Kamala Harris will win the presidency ASP .

GLA

Bluewiley it may indicate the Department of justice's intent to potentially submit its interest in upholding the sovereign immunity laws that relate to all this, in other words raising diplomatic and jurisdictional considerations for American department of justice, we simply have to wait to see if the D.O.J wants to assert their own sovereign enforcement interest here or to balance that with America's own broader diplomatic or economic interest here, though as humanity can be self-serving I would guess America's diplomatic and economic interest will come first here, so some kind of appeasement to Argentina will prevail here though to balance things with a few stern words to Argentina around negotiating with creditors ASP would be required , after all the world bank and the IMF are located in Washington DC , and we already know the IMF have already advised Argentina to negotiate with its current court led creditors, that's my amateur take on Sebastian marils statement tonight.

GLA

Sorry Slight error, I meant below In late 2025 to 2026

Bluewiley I can understand your strong case thinking for a early settlement before the appeal ends that would be a good normal preferred Legal settlement strategy, though milei wants ever legal case stretched out to the bitter end so he can get a Argentine fiscal surplus and not a negative loss for his country, it's only that which would hold back a early settlement before the appeal ends, this extra interest on our YPF money probably won't make much difference in the overall settlement offer from Argentina, as far as they are concerned im sure they already know if they offer anything around $8.4 billion then Burford will bite there hands off for that money, remember Christopher Bogart stated Burford won't get anything near that $16+ billion award, it sounded to me that Buford would accept much less that $8.4 billion dollars, though I'm sticking to the money Argentina itself pensiled in for the YPF case at $8.4 billion dollars, they ought to know because

they have to legally account for such liabilities to there own parliament or congress, if they indicate that Burford will get anywhere near $8.4 billion dollars then believe me Burford would gladly wait to 2026 to collect , our she price would reflect

such a settlement amount in part well before we receive the actual money.

So as I say milei is playing for more time to avoid paying us , so everything that happens in this appeal will reflect Milei's urgent need for more time to balance his country's books and avoid his voters backlash at being in such poverty while the country pays out numerous billions to foreign litigators . And that might take us into 2026, I'm happy to wait ok if he's happy to pay up, so as Sebastian maril keeps stating milei/ Argentina must negotiate to reflect both parties needs to conclude our YPF with say $8.4 billion dollars in late 2024 or early 2026 and also help Milei to balance his books and placate his angry impoverished voter's.

GLA

That's a brilliant writeup by Sebastian Maril Brigra, he certainly knows his subject matter ok, and he's spot on with his analysis around the YPF case,

I'm wondering now where milei will borrow the $1166 Million now to pay the UK growth bonds settlement money ?

I can't wait to find out,

So if our YPF case appeal concludes around the middle of next year and then Argentina asked as we expect it to go to the USA Supreme court and going by the UK supreme court's refusal to hear the growth bonds case plus the very low chance of the USA supreme court even accepting most cases then later next year we can ask milei for our settlement money, and probably only getting some kind of settlement paid out in early 2026 .

Milei will save around $3.8 billion per year with the new as we've just learned in the press the interest rate payments on his overall countries debts, so that leaves milei more room to pay out on some if not all of these court settlements, and that includes Burford, Though the remaining money of that $3.8 billion would or could be used to pay the interest rates payments on any sovereign bonds he might give to Burford to settle this YPF case. It's not a wonder mileiis spitting venom

at all these cases from the previous administrations which are messing up his goal to achieve a fiscal surplus for Argentina,

If Trump gets elected heaven's forbid then I could see trump telling his supreme court to accept the YPF case to buy milei more time to achieve milei's goals, though I feel Trump would instruct milei and burford what to offer and what to accept in a settlement , I don think Trump would let Argentina off from paying a very substantial settlement amount, so either way we win here, kamala Harris will just totally respect the legal aspects of our YPF case, I can understand why the USA administration would block the handing over of the YPF shares to burford, as Sebastian maril says Argentina wouldn't comply with that request at all, so it has to be sovereign bonds or some other line of payments, the USA can keep milei onside and pull Argentina away from China's clutches with the Dollarization agenda that milei desperately wants.

I feel more confident now than ever before that Burford will get a fair substantial pay out here.

GLA

Excellent Bluewiley, milei openly and freely admitting Argentina's guilt in our case and all those other big historic court cases from the previous administrations, he needed to apportion blame to the correct previous administrations in order to relieve his own administration of guilt in the eyes of his voters, so because of Milei's political need to state this then burford and the others will legally benefit from the very mouth of the Argentine president himself, it also indicates milei is taking these court settlement amounts very seriously, so let's see how he pays the rest of the money with the UK growth bonds, they already have around $334 million that was put down for that growth bond case. Milei pays that Money to them and our shares will benefit to a higher level.

So yes Bluewiley & TWT things are looking very promising indeed, yes we've still some way to go but that will give milei more time to find our YPF settlement money.

GLA

Argentina has lost it's bid at the UK supreme court to hear it's appeal on a ruling that would force Argentina to pay $1.5 billion dollar to the holders of its growth linked bonds.

So now Argentina will have to formally address this $1.5 billion court award. It's over to milei now. If milei pays this then our shares could easily fly higher. One to watch ok.

GLA

Https://uk.finance.yahoo.com/news/argentina-central-bank-working-enable-183450801.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuYmluZy5jb20v&guce_referrer_sig=AQAAAETPIRmmrm49V0qsYcCIu7npcDekHT-IxQJ_hZGyKGEbpM2mqYJn_dThU91xTOGUIomg479vgoERercDFOLhBCFd3SBZ4-tcxbwH_vyUjlMQiy7Cn2dLocfbO305EsLc8qftniAvbrEIicCMA88LLjLO_MYqmqrvC8Q5VhJilWcp

See if this one works .

Working-enable-183450801.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuYmluZy5jb20v&guce_referrer_sig=AQAAAETPIRmmrm49V0qsYcCIu7npcDekHT-IxQJ_hZGyKGEbpM2mqYJn_dThU91xTOGUIomg479vgoERercDFOLhBCFd3SBZ4-tcxbwH_vyUjlMQiy7Cn2dLocfbO305EsLc8qftniAvbrEIicCMA88LLjLO_MYqmqrvC8Q5VhJilWcp

The quicker milei achieves anything to do dollarization then the quicker he will release that $250 billion dollars that the Argentine people are hiding from the state, then big multi nationals will feel a lot safer investing in Argentina when their profits will be in the dollars and even kept in Argentina's banks or even moved back to any company's home. This is a really good move to dollarize those debt cards in Argentina's banks and before year end. Any move to dollarize anything in Argentina brings Burford even closer to getting our YPF settlement money paid out.

GLA

Excellent find Bluewiley , a total of £83 billion of new cases filed from the start of last year, that sounds very bullish for Burford and the whole litigation industry, I feel that burford could be snapped up and taken out by a financial institution with deep pockets at a hefty premium at some point in the future, the institution just gets rid of all the borrowing by Burford at high interest rates and keep the profits for themselves, goodbye the sovereign fund , you may ask why ? Because it makes perfect financial sense, Burford could easily take on billions £$€ of more let's say riskier case's , only they want to reduce that risk with our own borrowed money , hence the slow and diverse increases in our deployment money, institutions can afford that higher risk and they have the money ok, just asked the sovereign wealth fund how well they've done from litigation, possibly after the YPF case is concluded then someone might pounce on Burfords low PE share price. It's not necessarily what I want here though that won't stop anyone making a decent strategic delve into litigation industry with a premium knockout offer. If you want the best you have to pay for that privilege. Burford would make a tasty morsel for a big wealthy institution wishing to get into and capitalise on this new type of financing for the big law firms around the world. it's only a matter of time before these big financial institutions want a bigger cut of the litigation industry, some of them are already doing some tentative funding , so if anyone makes a offer for Burford then you can be sure of others running their deep.pocket rulers overs Burfords accounts. Burford is the best so we can expect some fireworks with any potential offer.

GLA

That gold could have been placed in London and other places for many reasons, yes it could be a prop for creditors to go after and resulting in many more years of litigation in the courts to give milei more time to develop his economy and increase his dollar reserves, or just plainly it's meant for collateral to raise loans more cheaply for milei to pay interest on the huge sovereign and other bonds , he will get plenty of offers of loans with that gold as security to those loans, plus get some money interest lending it out to banks and institutions to short gold or play with it on the world's gold market's, but why can't milei do that in his own country where the gold can't be seized ???. His country also has banks and institutions, though if your lending large amounts of money out wouldn't you really want that gold in other countries that respect the commercial law in its court's, Argentina is to risky in that respect as we all know here, so maybe that answers the gold going abroad question !?

So separately in that respect it's hard to know if any other judge would hand that gold over to anyone if its already legally locked down as security for Argentine loans, !! The only way we are going to find out is that one of the current creditors test this in court right now, and I believe there is a creditor pursuing this objective .good luck to them I say.

This might throw a little more light on the subject.

https://english.elpais.com/economy-and-business/2024-07-28/the-mystery-of-argentinas-gold-milei-admits-that-it-was-transferred-abroad-without-specifying-the-quantities-or-destination.html

The side show of all these other creditors is really quite interesting right now as they are showing us what can be achieved in court pursuits and potential seizures, though who should get first call on any Argentine assets ??? , the early bird catches the worm ?

GLA

Thanks for that MrMarroc, yes indeed Sebastian maril is just stating the obvious implications for Argentina not complying with international law and court settlements, and ruining even more the international reputation of Argentina of Argentina, I understanding the huge internal pressures of javier milei and his government, he's pushed the country beyond a hard austerity programme to achieve his fiscal aim to balance the Argentine books and get inflation down to a acceptable level, he doesn't want to pay billions out in any court settlements , he's alienated the university students and staff with no inflationary pay rises, so it won't go down well in Argentina to pay out billions of dollars to foreign entities / court settlements etc with his country in such poverty striker mess , though maybe just maybe that Argentine Gold sent to london and other places was put there to be seized by Argentine creditors to pay some of these court awards, that gets him off the hook at home as he didn't voluntarily pay these awards, they might be totally and legally just seized, though I've no idea about that possibility and also in regards to the protections of sovereign immunity here with that gold.

Milei has to do something if he wants international companies to invest in Argentina's economy , you can't run around the world drumming up support for his economy and not pay your international court liabilities, it just makes no commercial sense at all, nobody wants to invest in a lawless banana republic, So Sebastian maril is a excellent brave journalist that speaks the absolute truth when it might have some negative ramifications for his company in Argentina, I'm hoping that very soon milei and his government start showing some leadership by showing the world Argentina pays its own adverse court settlements to foreign litigators. Something surly must happen very soon in this front with the obvious positive. knock on effect to Burfords share price.

GLA

Yes Bluewiley what your stating is true ok though unfortunately we can't change any exchange rates to favour our timing of share purchases , if any good news comes from the UK courts around Argentina's willingness to pay those judgements then I'd be confident that most purchasers of Burfords shares wouldn't hesitate to dive into our shares and ignoring the ever changing ordinary exchange rates. Bluewiley as you state yes in principle your correct though Burfords shares in New York and UK continually Gyrate all over the place making exchange rate purchases look somewhat redundant . I think hitting a moving target comes to mind . Throw in the middle East, Israel and Ukraine and we could have a very unpredictable world economy / oil/ gas and accompanying share prices. Let there be some reasonable peace on this earth for a while at least.

GLA

Bluewiley is it not really all swings and roundabouts when it comes to the pound is up right now against the dollar and thus we get a likely exchange rate lower dividend ? , though the share price is all over the place on both stock exchanges , so it's most of the time just plain luck if you buy at a lower price and then see a big enough rise to sell in to , and as we've seen all along our share price can drop just as quickly as it rises, though if Argentina looks like it will start to pay any of these bigger adverse court judgements and awards or settlements then Burfords shares should rise accordingly , and that could be quite soon, though with our massive ypf award I've no doubts that Argentina will fight this to the bitter end, none the less our share price should still benefit from any Argentine willingness to pay its nearing adverse lost court judgements.

investors don't really care that much about exchange rate purchases in our shares if Burfords shares are moving upwards from their share purchase and giving them a decent profit, so it's eyes on these current UK judgment payment outcomes. or as mrmarroc states unless there is a unforseen or known legal route for Argentina to go too. it should be the end here ,but dirty legal meritorious avenues can possibly be found if Argentina really wants to go there, though on the face of it "it's over.". I can't wait to see what happens in the UK courts now.

GLA

It's certainly a pivotal day as you allude to mrmarroc , though it's hard to imagine milei standing up proud and talking about Argentina in New York and other important venues recently and bragging about how good Argentina is to invest in , and with elon musk stating that he has ordered his companies to look for opportunities to invest into Argentina, so can milei really not pay this UK judgement and defy british courts their own worldwide commercial justice, if milei doesn't respect that basic justice then what's the point in trading in Argentina's economy !!! , then it should be blacklisted ASP without a proper resolution to this settlement award, now milei obviously doesn't want that according to what's coming out of his mouth recently, so it's decision time milei, and with the obvious implications for Burfords ypf Case, so mrMarroc yes this may give us a insight to what might happen in milei's risky chess game to stall all the court awards and case's, he needs a lot more time to keep these court awards away from his fiscal surplus plans for 2024, + , so could he engineer something to delay all this into the middle of 2025 or beyond ??? possibly, though it will be very interesting to see what he has planned in the coming day's to address his first court led settlement hurdle. D Day comes to mind here, if he pays this or indicates his genuine commitment to pay that award then Burfords shares could very soon soar very quickly indeed, and if not then we're stuck here were we are for another long time with a share price that doesn't know where its going and may or will trade lower in the absence of us getting our settlement money And just bouncing off it's lows .

Yes exciting in the coming days, our settlement award is essentially playing out with milei's coming decision on this UK court case and settlement, though I would state Argentina or milei will have more fear in crossing the American judiciary than the UK judicial system.

GLA