Member Info for K3VMC

Milab

“ Evidence provided , now stick that in ya pipe and smoke it.”

Please don’t interrupt when grown ups are talking.

StockCheck

Yes, I agree that is the latest update we have.

The parties have been ordered to provide a shorter timescale. They have not been ordered to provide a shorter timescale that ends in 2025.

We will find out, soon after 20th January, how much sooner the resolutions will be.

StockCheque

“ Cases 2 and 3 will pay out this year, not 2026. The court told both parties to speed up the schedule and the new timeline needs to be advised by 20 January.”

In the event that you are replying to my post, I believe the dates (Summer 2025 for case 2, Spring 2026 for case 3) are the latest dates as advised by AC.

I will be very happy if both cases will end earlier. Would you please post the evidence behind your post?

Xviolet

“ I will ask Roast (their PR) for more info when I have some free time.”

You must be desperate. Ask them how BensCreek is.

Wigwammer

“ In the event we do see progress, no news has indeed been good news for buyers. Because the asset will have developed and the investor has been able to accumulate at a lower price.”

Exactly! Investors really have to accept that they have to wait, patiently, for news. Companies can’t just invent news to puff up the sp and soothe their anxieties. Everyone has had ample time to accumulate while the sp has limped along.

Added.

Not very long to wait, imho.

Tonnacombe

“ 400 million, oh go on then.”

Cash on the nail, though. Otherwise I can wait for case 2 to be decided this summer and case 3 to come in in 2026.

The extra $200m could be very useful.

Maybe just get the cash for cases 1 and 2 and make a special dividend? What’s that? 25p?

Manfor

“ 04

“we have won the first decisively and the second should be a formality”

This statement is also not correct”

That is what Andrea said. We should win the two remaining cases, based on the similarities with ICC1. If he had stated “will win” instead of “should win”, I would agree with you.

Obviously, you don’t know the evidence that’s being presented, but Andrea does. You either believe him, or you don’t.

CheckStock

“ I agree up to the 20th I was expecting this to rise and rise

What’s wrong?”

Nothing’s wrong. Traders are taking profits, that’s all. I’m averaging UP instead of taking a reasonable profit now, but that’s only because I’m greedy. Much, much more to come, if you are patient.

All imho.

Formerlyeasyp

“ With more time IMM might get a product to market but the market is changing fast.”

There is nothing in the market for Lupus, unless you want your immune system nuked.

Janiax

“ Along with this a new shortened timeline is to be agreed before 20th January. So anyone waiting may miss the boat.”

Whoever is setting the shortened timetable will not be happy, if the $9.7m for ICC1 hasn’t already been paid.

There can be little doubt about the verdict. Imho, only the quantum will be up for discussion. ICC1 was successful in that respect also.

Tick tock. January 20th could be very interesting!

Another two top ups for me. I meant to do it before Christmas, but the slightest bit of news will light the fuse.

Higher that volume traded last three months.

Smoke, fire.

Manfor

“ Because the amount they are claiming is so much higher than the original cost

They are claiming $500 million for an asset that cost them only $300,000

So they want 1,700x their original cost !”

You obviously struggle with the concept of litigation.

“Let us see all of their figures, and calculations, and assumptions, etc, to see if it makes any sense”

You are not a party to the litigation. Unless you are on the arbitration panels, and I suspect that to be the case, nobody cares. Nobody cares if you see the arguments, understand the arguments, or agree the verdict. Nobody cares.

“And then let us see what Tunisia says”

Perhaps they will give the same, useless, rejected arguments as for ICC1, the cut and paste precursor of the following two cases?

“You can be sure that the experts and lawyers from Tunisia will calculate a figure that is closer to $1 million”

Thei experts and lawyers did not manage to reduce ICC1 by as much as one dollar. Useless? Or more probably, palpably guilty.

Doh!!!

Manfor

“ The main 2 court cases have not even started yet

And so they are certainly not anywhere near to being decided”

Try reading the RNS.

“ The final Court hearing in respect of ICC-2 Arbitration is expected by the close of February 2025, with the final decision (the "Award") expected during the summer of 2025.”

That’s the FINAL hearing. Not the FIRST hearing.

Doh!!!

Manfor

“ They will have their own experts and lawyers to make their case to the court that the correct amount is far less than $500 million and much closer to the original cost of less than $1 million”

Where were their experts and lawyers when the court awarded ICC1 IN FULL. Have they sacked those experts and lawyers who failed to prove their case, or have the damages reduced?

Since the others cases are based on similar circumstances and arguments as ICC1, what new arguments will their experts and lawyers put forward, that they failed to use in ICC1?

Tree shake to reduce price for Swede buy in?

Not that I care. Got some more at 5.5p. Bonus!

Didn’t stay long at 5.75p but I got some more there.

Nice week ahead, I feel.

Bobat123

My view also.

I think you will find that the Swedes are still buying.

I’ve added at 5.674p. No rush for Zen to rise. Plenty of chances to accumulate here.