Member Info for Moneymunch

If the Rajasthan administration no lo ger object or have no valid legal reason why the permit shouldn't be awarded , then it's highly possible that the case could be rescheduled without making the hearing date public on Rajasthan High Court website, and so good news could drop at anytime and take the market by surprise with any luck...Gla :-)

Rajasthan budget to be presented on July 10

Rajasthan Chief Minister Ashok Gehlot Saturday said his government will prepare an inclusive budget based on the suggestions of various sections.

The chief minister held pre-budget meetings with representatives of industries and sought their suggestions for the preparations of the state budget which will be presented in the upcoming assembly session.

He said the government's focus was on growth and job creation and a balanced budget will be presented to meet the objectives.

Gehlot also said that the government's focus will be on industrial development and creating an investment-friendly environment.

Industry minister Parsadi Lal Meena, energy minister BD Kalla, advisor to CM Arvind Mayaram and senior officials were present at the meetings.

Over 1%.... Panthera's case did not reach the roster before the court session ended and so the matter will now be rescheduled by the court.

It's interesting that the State of Rajasthan had failed or made no attempt to reply to the court order 6th May, and so the new administration may no longer have any objections. Gla holders Fingers crossed for an early resolution. :-)

Lol Geng, all I know is that you were predicting 5p the last time the sp fell to 9p but instead the sp rose to 14p....I haven't got a problem with chartist's , but you're the one who comes on here boasting "i told you so" , yet i'm the one holding shed loads at an average of 2.89p, and generally the chart indicates where the sp has been and occasionally it might suggest where it's going....but ultimately it will be good news that will drive this forward. Gla holders Fingers crossed for an early resolution on court proceedings and the rightful award of Bhukia's exploration permit...there's every chance that the new Rajasthan administration have no objections and is the reason why not reply was made. The Chief Minister's of Rajasthan is delivering his budget tomorrow, with an emphasis on job creation and no doubt is aware of the potential revenues and employment that Bhukia's development will offer to Rajasthan, and with Galaxy's planned BSE listing which will enable Indian investors and institutions to participate, could now be very supportive of Panthera's application. :-)

Lol Geng...don't talk wet.....you're weren't invested here and so have missed out on Panthera's stellar rise from sub 2p and yet again the sp is now heading in the opposite direction to your jaundiced view......this has everything to do with news and confirmation of the next hearing followed by permit approval will see the sp rise considerably...FACT!!! Gla holders Tick Tock:-)

Rajasthan budget to be delivered tomorrow with emphasis on job creation and so maybe a successful conclusion on the cards sooner rather than later. The Rajasthan Government failed to reply/object and so Panthera's case looks stronger than ever imho. Gla :-)

Update on Rajasthan High Court Case

Panthera Resources plc (AIM: PAT), the gold exploration and development company with assets in India and West Africa, is pleased to provide an update regarding the pending Rajasthan High Court Case.

The High Court has previously issued notices to both the Government of Rajasthan and Government of India, and more recently passed an additional order giving the Government a last opportunity to file a reply to the writ petition by 17 June 2019, with the matter relisted for 8 July 2019. To date no reply has been filed by the Government.

The writ petition was listed for yesterday but did not reach the roster before the court session ended. This matter will now be rescheduled by the court.

In the meantime, the Stay Order remains in place and protects the rights of the joint venture over the entire area of the Prospecting Licence application.

Chief Minister of Rajasthan, Ashok Gehlot , delivers the Rajasthan budget tomorrow 10th July, and so maybe news held back until then??? Gla :-)

Deliberations still on going!!!??? ..........C'mon Tiger.....be Good!!! ;-)

Cheers JDO1, if permit approval lands, it will be the start of much bigger things and much more upside to come as Bhukia is developed and the project is listed on the Bombay Stock Exchange. Gl :-)

This has been a long and protracted case over several years, and so I'm expecting an update tomorrow at 7am confirming a decision on proceedings....the State of Rajasthan were given a "Last opportunity " to reply within 6 weeks to the High Court order from 6th May, and so it's reasonable to expect a final decision will be forthcoming imho. ...and so fingers crossed for a stellar RNS tomorrow and a massive re-rate in sp in response. Gl :-)

C'mon Tiger....be good!!! :-)

 get ready for some serious UPSIDE on a successful conclusion. :-)

Rajasthan High Court closed at 5pm, 12.30pm UK time, and so presumably Panthera know the outcome of the hearing...no sell off and so all bodes well imho. Gla holders, get ready for some serious on a successful conclusion. :-)

Rajasthan is 4.5 hours ahead, and so fingers crossed we get get a positive indication from those in the know, prior to the next update on proceedings. gla ;-)

Ps Tuesday at the latest. :-)

Yes indeed gotatasteforit...Gl :-)

Cheers opulentia , it really does look like a done deal imho and I'm amazed that we still appear to be under the radar. Last chance to get in tomorrow before a potential massive re-rate on permit approval on Monday. FILL YA BOOTS!!! :-)

I'll be gobsmacked if Panthera are not awarded the exploration permit for Bhukia on Monday, the new Rajasthan administration wouldn't dare to stand in their way imho, what sort if message would it send out to foreign and private investors, and would be completely against the grain to Prime Minister Modi’s new mandate and direction to re-ignite India's economy which includes a new mining policy to encourage Foreign Direct Investment and general concensus you encourage private investment.....Gla holders...BOOM time very likely fast approaching!!!:-)

Economic Survey outlines blueprint to achieve Modi's dream of $5 trillion economy
11 min read . Updated: 04 Jul 2019, 03:14 PM IST Staff Writer

Finance minister Nirmala Sitharaman tabled the Economic Survey 2019 in the Parliament today, a day before Budget Day
The Economic Survey has pegged a GDP growth rate of 7% for FY20, up from 6.8% in the previous fiscal

NEW DELHI: A day before the Union Budget is presented, Finance Minister Nirmala Sitharaman today tabled the Economic Survey 2018-19, prepared by Chief Economic Adviser Krishnamurthy Subramanian, in the Parliament. The Economic Survey projects the state of health of the Indian economy and outlines the challenges.

The Indian economy is at a 5-year low of 6.8% in 2018-19 and the fourth quarter growth has slumped to 5.8% which is a 17-quarter low.

Live Updates of Economic Survey 2018-19:

2:20 pm: We will be sticking to the fiscal path which has been laid out; if private investment has to increase, it cannot be allowed to be crowded out by public investment: CEA Subramanian.

2:12 pm: The Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), Bibek Debroy, welcomed the Economic Survey’s emphasis on fiscal consolidation and fiscal discipline and investments, especially private investments, as the growth driver.

2:12 pm: Let private investment increase, this will make firms more productive, bringing jobs and increasing exports, making firms able to compete in international markets; this will increase demand and further investment: CEA.

2:11 pm: Prime Minister Narendra Modi said the Economic Survey 2019 outlines a vision to achieve a $5 trillion economy. "It also depicts the gains from advancement in the social sector, adoption of technology and energy security," PM Modi tweeted.

2:06 pm: NITI Aayog vice chairman Rajiv Kumar said the Economic Survey reflects the government's resolve to maintain fiscal stability while pushing up GDP growth rates by measures to accelerate private investment. He said the report provides a comprehensive and clear picture of economic trends & challenges ahead.

Confirmation that the High Court hearing is definitely on for this Monday 8th July!!! Gla holders...Tick Tock Boom!!! :-)

High Court of Rajasthan- Rajasthan High Court Principal Seat Jodhpur

Back

Rajasthan High Court Principal Seat Jodhpur

Case Details Case Type: CW
Filing Number: 36276/2018Filing Date: 01-09-2018

Registration Number: 13521/2018

Registration Date: 05-09-2018

CNR Number: RJHC01-060720-2018

Case Status

First Hearing Date: 

Next Hearing Date: 08th July 2019

Stage of Case: FOR ADMISSION - NOTICE SERVED

Coram: 1645

Bench: Single Bench

State: RAJASTHAN

District: Banswara

Judicial: M/B WRIT SECTION

Causelist Name: Daily

Petitioner and Advocate1) METAL MINING INDIA PVT. LTD.

    Advocate- VIKAS BALIA DINESH PAL SINGH CHARAN,ASHOK CHOUDHARY,PRAMOD VYAS

Respondent and Advocate1) STATE OF RAJASTHAN

2) DIRECTOR
    Advocate -SANDEEP SHAH    
3) UNION OF INDIA
        

ActsUnder Act(s)Under Section(s)OTHER ACTS226

Sub Matters

Case Number : CMS/13534/2018

Orders

Order Number  Judge  Order Date  Order Details  

1  SANDEEP MEHTA  18-09-2018  View  

2  ARUN BHANSALI  26-09-2018  View 

3  P.K. LOHRA  25-04-2019  View  

4  P.K. LOHRA  06-05-2019  View

Category Details

CategoryMines, Minerals and Miling Leases ( 900 )

OBJECTIONSr.No.Scrutiny DateOBJECTIONCompliance DateReceipt Date105-09-2018All Objections are Complied----