Member Info for lejjb

EC - are you reporting facts or statements of opinion!? IMHO means “in my honest opinion”.

Litigation finance businesses take on exactly this type of thing. And most legal practices work as partnerships, not shareholders (there are just a small number of exceptions), which means that the partners both own and manage the firm, and do not have to cater to the whims of sharesholders who are remote from the day-to-day activities. Furthermore, whether it is a litigation finance business or a no win no fee firm, such organisations only take on cases they know they are very likely to win, and they don’t put all their eggs in one basket and do not take on only one case at a time, so they have a flow of revenue as various ongoing cases are won. And finally, there is little place for “moral right” before the courts unfortunately. Ascent has a strict legal case, regardless of the moral situation.

TPT reported what was the report of the court decision last year. Officially, by losing the NGO status, that man’s organisation cannot appeal ARSO decisions anymore from what I recall.

The JV structure does a job equivalent to what royalties would for the government. It’s just that ARSO and JL seemed to have worked in isolation from the rest of the government. I suspect that this will change shortly based on what we have all seen and heard publicly over the last six weeks.

I meant to say “openly and actively on our side”.

Her mention of the other ministries makes it more likely that they will put pressure on ARSO and JL to end this mess. A diplomat is always careful with her words. That she mentioned these institutions suggests to me that they are on our side already.

The action could be filed on behalf of Ascent Slovenia - IIRC it was incorporated there, so a no-deal Brexit would therefore not block an action under EU law I believe.

EC - please pay attention to the multiple (incl. mine) posts that hace explained that putting a legal case together takes a while. And add to that the time spent selecting law firm(s) to take on the job in the first place. And sorting out finance for the litigation. Certainly more than 5-6 weeks. And you MUST have a legal case laid out before you file you action in court. Assuming that CH did mean business in his RNSs threatening legal action, it is therefore extremely unlikely he could do things any faster - unless of course you want the job to be botched.

+1

May I suggest we stay away from this topic gents.

Big increase in the bid/ask without any obvious displayed trades to justify it.

I wonder if a big order has been made?!? Any thoughts gents?

This is still a massive increase of bid / ask with barely any trades - I wonder if a big order has been made?!?

It was on Google, which displays actual individual trades.

I don't believe this was reflected in a change of Bid/Ask as advertised by the MMs though (pls somebody tell me if I'm mistaken).

Unlike now.

But unlike yesterday, the MMs have now changed the advertised bid and ask.

It's been a while since it's happened.

Geoenergo has been helping getting the matter sorted - visible at the very least with the visible PR activity of last month.

I suspect that G has the backing of the infrastructure ministry.

Nigel is quite good at sticking to his timings, or at least updating people if any delays. Based on the last RNS, I expect an RNS by the 4 Feb (one full trading day after the 31st Jan).

About 2 x more buys than sells today, check the log of trades folks.

It thought it was him saying that JL came back on the permit again last weekend... LOL

Jester16 What is your source for this? « This weekend it was reported in the local press that the new Environment Minister, Jure Leben, had decided to make further enquiries into the permit. »

Based on last year’s release date, I’d say between 15-28 February.