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Every little bit of good news / as stated below in link , will strengthen the hands of milei to do what he stated he wishes to do, that is to create a perpetual bond to pay a excellent income stream on any type of bond, milei may very well be still working on this bond , he hasn't said otherwise, I feel he knows he must deliver something here for international court led debtors. Will the shares to up or down in the meantime ? Probably both, but with the chance that if milei announces any kind of streamed revenue bond even over the weekend , then our shares could skyrocket in intrinsic value even before the markets open up again, in other words anything can happen at any time, better being in than out I say, because it's not like our $16 billion dollar award is going away any time soon. Burfords shares will eventually reflect a multi billion dollar settlement award at some stage here, I say stay in and sit tight.

As Argentine confidence builds so does our likelihood of collection build.

https://www.batimes.com.ar/news/economy/argentinas-importers-buy-bonds-in-turnaround-for-milei.phtml

GLA

Well the game is on, Argentina is just behaving in a very similar way to most ordinary debtors, manoeuvring in the predicted debtors patterns, just like that Russian yacht billionaire who first played the litigation routes , then hiding as many assets as possible away from the plaintiffs as humanly possible, and pleading innocents to the courts, Burford will know Argentina's Achilles heel, though if Burford gets this wrong milei might dig in here and blindly and stubbornly refuse to negotiate anything at all, yes milei's saying the right things to the media/ we will pay all our obligations ,and then his very own lawyers are refusing to acknowledge numerous standing basic court orders in regards to Burfords court case, as long as the Argentine lawyers are holding off from fully negotiating with Burfords lawyers then the scean could or should be set for a asset seizure, as other's have stated here Burford would be stupid to show there hand here, Burford may have in my opinion privileged information from the Financial community around Argentine assets, because there are numerous

financial institutions who will share in this settlement money, was it around 9 ++ institutions who paid around $260 million dollars for a slice of this pie in the last sa!e, I'm sure they would point Burford in the right direction to get there just rewards,

The reason I'm not generally that concerned here is that Argentina is a sovereign state that owes this massive amount of money, if they don't negotiate here then Burford can seriously put real financial pressure on the state and most likely cost it even more financial harm in the long run, at the minute to me it seems like the courts systems have put real pressure on Argentina/ milei, in other words milei's cornered, it's time for him to play his best game of chess with this massive court case,

As " Bluewiley " brilliantly states milei only has to pick up the phone to his lawyers and tell them to negotiate in good faith with Burfords lawyers.

I feel milei maybe barking up the "right " tree if he's looking for a revenue stream and some kind of bond, for Burford it's our best hope to nail milei down with something financially tangible right now, it maybe our best or only hope right now and in a period where milei has so many enemies lining up to dethrone him, at least things are happening whether good or bad , it's might be annoying but not boring that's for sure, dare I say it, maybe even interesting times LOL. the next several days may reveal more news.

GLA

MrMarroc I fully accepted everything you've written in your post ok, it's really out of my own personal frustration and seeing the YPF company freely using it's own finances to spend as they wish be that it's own old debts or otherwise, and yet it's owners the Argentine state based backers can at any time decide to go the re-nationalization route with those same assets that were stolen off the injured parties or plaintiffs/ burford , so when you say the YPF revenues are not Argentina's and yet Argentina can sanction and direct it's actual re- nationalization timing and agenda, then it's logical to think that Argentina has most of the Financial control over most of that company , so if they can directly influence that company in that way then why not load up that company with dollar based debts and backed by the natural oil and gas reserves in one of the largest ever found reserves in history of the Vaca Muerta field's, and to think the Argentine government really took back control of the YPF company after these field's were just found, how coincidental was that then !!!

You say the Argentine government was always going to pay for the judgement !!! I don't doubt that Argentine liability and need to pay at all , though from where the plaintiffs or investors are presently sitting it does feel a bit wobbly in this area if our share price is anything to go by, I do feel Javier milei will come up with something to offer the courts and of course Burfords shareholders etc, it only comes down to the security of those pledged financial instruments or payments,

Hopefully and I expect burford doesn't have to end up freezing and claiming ypf dividend money or even Argentine buildings etc, because the magnitude of money we're owned would be more collectable using a USA led political or commercial bodies intervention agenda, in other words suck up to or court the Argentine state with the right people.

So in conclusion your post was most helpful mrMarroc in pointing out some of the complexities around the targeted interesting collectable avenues available for Burfords shareholders.

GLA.

The Argentine delaying tactics are normal standard legal options available to everyone who are defending themselves in most courts in the world, so I wouldn't read to much into these very annoying legal tactics, the reason they are choosing these tactics is to shore up every defence angle possible so they can then use this position they've then attained to strengthen their hand in any negotiations, IE , if they look like they can delay proceedings for say another year or so then that weakens Burfords hand in settling for X amount of money in a early settlement offer, this the legal thrust Argentina has for anything that helped that aim, it's completely separate from what Javier Milei wants to achieve, and that is to align his objectives to getting closer to the American commercial open free markets system, if he screws up here he can seriously delay or kiss goodbye to his dream of attaining his goal of Argentina commercially copying the American way of life, so on this very point we know Milei needs to court Burfords need for a Preska led settlement plan,

I absolutely easily admit milei is up against the wall here, though anyone who holds up a chainsaw to political power and then goes on to be president of that same country , then he's a man to be reckoned with, be that a bit of a misunderstood enigmatic perceived nutcase. We're about to see if he has the push to move mountains or carry out most of his 300 emergency degrees, now can he push through our massive settlement award pledges, very very possible, HOW ? WHY ?

How? WHY ? he only has to align a income stream from that uniquely named tax plan, or other type of plan, and possibly removing the unique named on any tax plan to get it accepted by the Argentine congress, he's a economist , money can always be found for a income stream if your determined and you also happen to be the country's 53 year old determined new president,

I would advise Burford only to seize Argentina assets when every other avenue is exhausted, and to still make it known that you would definitely seize assets without Argentine compliance with preska's asset pledges, it's normally true, Argentina only moves when put under political legal financial embarrassing the homeland pressure,

Milei's going to come up with some pledgeable bankable asset stream here, he has the inbuilt anger and absolute determination to try extremely hard to deliver what preska and Burford might need or accept here. On the balance of probabilities from what he's officially stated I feel he will come through for burford here.

I agree TWT there still is huge opportunity here with the normal compounded growth coming through here . Buford only exist to make at least 20%+++ on there annual capital deployment money, so in that sense we are onto a winner here one way or another. Just a Brilliant company and prospects.

Only my thoughts not a put your house on it opportunity or view .

BBH yes at some stage there should be meaningful discussions with Burfords side, though it seems like there's not much happening right now, though the Argentine state lawyers may still be in the space from before Xmas , and have not currently been formally updated to share anything that milei is up to right now behind closed doors,

Also this may or may not need be passed by congress, though only in as much as this urgent USA court declaration by preska 10th January + may allow milei the opportunistic opportunity to order another court led urgent decree by milei ?

and stating milei needs this urgently or the country could face embargoes from numerous trading partners namely the USA,

If a country can't live up to its legal liabilities in America then why should america or any country allow Argentina to do any meaningful trade with its own internal commercial companies !!! The whole point in allowing trading partners access to your country is to allow everyone trading some sort of court led accountability when trading, if you've no legal recourse to any dispute resolutions then it's surely wrong to allow access to your home countries commercial markets, as in Argentina not being able to fully access the money market's because it can't pay up because it doesn't recognise that countries court

Awards settlement systems.

Milei conveniently may not have the time or space to allow his congress to vote on his personal perpetual bond plan, so it's either a urgent milei decree to pass this on his own, or it's a urgent recall vote on his colourful bond plan, though seeing it's the opposition who's to pass this with one of their own party members facing public ridicule as the tax is in his own personal name , then will he get it through at all or could milei force this through by decree because of its USA court led urgency. ??? not that long to wait now, though with the world in a constant state of fractional war's, it's hard to concentrate on investing when wars have many complicated implications for investors. Roll on milei's bond decision day here.

GLA, only my thoughts, no guarantees to make money, DYOR.

Right now it is a defining moment that determines the outcome of our big YPF case, Javier milei is obviously up against it with his monumental amount of very risky presidential degrees, if you're telling your voters you won't now be paying Just 15% for oil and gas and you'll be paying close to if not the full open market price to light and heat your home up then your voters will truly feel the financial pain ok, throw in much dearer groceries and it's only the wealthiest left to vote for milei, it depends if milei can show something positive and tangible to his voters to accept this financial pain, that maybe impossible in the short term,

For Burford milei and the pledging of substantial assets is another equally big hill to climb, I understand everyone here who thinks it's a smokescreen or more sickening delaying tactics, some of which could be true, but only in as much as milei's really desperate here, I genuinely believe that if milei had $16 billion or a equivalent politically unencumbered asset to pledge , then he would pledge that asset, it's difficult for milei on every front, at the same time if he wasn't up against a American court led pledging of assets determination by preska , then he wouldn't give a absolute dam about this settlement money for another few years of delaying tactic appeals, that's his legal prerogative here, but Burford has a legal prerogative here , and it's to utilise preska's January deadline pledging of assets to its maximum, and the only or best way to utilise this situation is to use the power Burford has with preska, and that is to genuinely negotiate with Burfords lawyers

So they can see the whites of their opponents eyes and separate fiction from reality and establish what exactly can both parties accept in compliance Preska's assets pledge, what we ideally want to avoid is a pledge of a tax revenue stream attached to a perpetual bond , as that can be taken away at anytime by emergency presidential degree, in other words they have us by the short and curlys, and we are dancing to their tune, yes we can sell it , but at what price ? 50% or less,

We may have no real bankable alternative to milei's perpetual bond, so it maybe some kind of other safe guard to this bond is needed, IE another country guarantees this bond / saudi Arabia or dare I say it bidens administration itself, essentially we need a guarantor for milei's plan before he gets burnt at the stake in Buenos Aires, so Burford also must help milei here, there's no use screaming for our settlement money, it's better if we work alongside milei in some way , that way he has one less enemy to deal with here. We help him he helps us, it will be a eye opening interesting new year .

just food for thought. GLA

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