RE: Silence18 Apr 2018 15:54
they may in fact do, lets be clear we all think pdz have the better chance to win, thats not the issue, the issue is this can drag on for over a year, submissions after submissions.
Why i am saying this is because Churchill mining found large resource in Indonesia, 10 years on they are still fighting in international arbitration. The state here complained of forestry breaches, ie chopping trees in forestry areas, this was total farce but the corrupt courts agreed and chl went to arbitration. The forestry allegations were not discussed but new allegation came that past documents were not authorised, chl lost and currently fighting annulment of award.
At the time two large indonesian investors invested in chl after these allegation, ll's buying means nothing in the world.
All im saying just be prepared to wait on this, can take time.