RE: Congo Wonga $7.5mil on the way?24 Mar 2024 14:22
Mr Andrew Bell , Chairman of RRR has tweeted TWICE yesterday, Sat, 23 Mar 2024 @ 7.35pm and 7.36pm. Given he was silent, I was cognisant he can only tweet AFTER MKT CLOSES as norm [seen it on other stocks before?]. The 1st tweet merely said "No" to someone posting about the railway and the other reply was "100%" relating to HRH. Since, there is no PIC showing Mr Bell is back in the UK, one could or would or may assume he is still in the DRC. The share price of RRR has NOT dropped like a stone [as some might think] but this means the MARKET considers this event: "MARKING TIME." In terms of mkt CATALYST , ONLY the DRC arbitration AWARD outcome is of IMMEDIATE mkt interest at this time [share price does support this mkt theory.] So, relating to the arbitration, the burning question is: With RRR and other parties given the " D R A F T AWARD" and there is "AGREEMENT" between the 2 parties, it would be a matter of legal procedure for the Commercial Court in DRC to uphold this legal agreement Law 101. Even in divorce cases, where is is a pre-settlement legal agreement between the 2 principal parties to the divorce, the Court will have a short hearing to uphold the agreement between parties provided it is within REASONABLE accepted legal protocols of settlement. But IF, there is dispute, then a divorce case become more long drawn as LEGAL SETTLEMENT has to be fought in Court, inch by inch. So, with that in mind, is it a MATTER OF NOT IF, but when per Law 101 as above in an "AGREED SETTLEMENT."? One awaits Mr Bell's elucidation. All the forums that are usually busy are now quiet --lots happening. So, having explained my position, I have many other personal matters to attend to. I keep to posting rules which one can see on the RIGHT of this window BEFORE one can post message. So, NOT B or anything like that. Sun, 24 Mar 2024. The sun is shining and I have just done up the garden.