Looed: the problem is that we have a completely incompetent Government here. It was elected by idiots so we are getting what people voted for. Johnson has completely ****ed the CV strategy up from the start. We need leadership and action (albeit now too late to save many innocent lives). He provides neither and, as a result, has blood on his hands. Apologies for going off topic, not that there is much topic to chat about at the mo. GLA
In this debate where none of us know diddly squat, I am in agreement with Phil. But, as with everyone else's speculation it is purely blind guesswork. One thing that might be a possibility is that if the arbitration does go against us then maybe the Government (especially if it changes) will still look to work with us to keep the US of A sweet and to send a good message to potential foreign investors, so it may not be game over if that happens. Having said that there is still hope that a deal may be thrashed out before the arbitration result imo... GLA
Contra: you're right. Although the cynic in me thinks that the arbiters will decide they need to write a huge book on the outcome and reasoning for it and take as long as possible to maximise what they get paid for it. GLA
Good morning all So following on from the Texas court hearing being cancelled, the website is now down. Am I alone in being somewhat worried? Although it would seem odd for us to go bust at this time, having survived so long in adversity, just before the arbitration result. But if the arbitration result had been announced and gone against us, how would we know? There is nothing about it on the GOGC website, which is encouraging as they would probably be shouting it from the roof tops. It would be reassuring to see the website come back up. GLA
Cheers Oopsi. Whilst you're around, did you have any thoughts on the cancellation of the next hearing in Texas? I appreciate that we have virtually nothing to go on, but from a lawyer's perspective what are the various options that could have resulted in a cancellation, as opposed to a postponement happening? Does this mean that that action is finished? Any comments you could provide would be appreciated.
RE: US Ambassador to Georgia remarks yesterday’s13 Mar 2020 20:18
Good spot Ivy; thanks for sharing. I particularly like this quote from the US ambassador: "We are also always looking for opportunities for American companies and Georgian companies to work together and improve the growth of both of our countries." GLA
Just wanted to check you were ok? Madp has picked up the mantle for monitoring and posting the Georgian press articles (thank you Madp), but you were abroad and have gone quiet so just wanted to check all was good?
Keysersoze: having been on the receiving end of the ICSID 'independent' ruling in favour of the Indonesian Government in my only other AIM investment (Churchill Mining), I hope for the sake of everyone invested here that our panel is nothing like the ICSID one ... GLA
RE: Beka Natsvlishvili - Government of Georgia "fired" 86 employees of Frontera06 Mar 2020 11:03
This is the independent politician who has been lambasting FRR on behalf of the employees. Now he seems to have changed his direction of attack against the Government rather than the Company. I wonder why ...
Whilst writing, it's a bit rich saying they haven't been paid for 14 months when they were dismissed three months ago. It is still 11 months that is unpaid.