Member Info for Professor1

Glad to have bought in here after doing research and will top up more for the new tax year ISA.

Against India

Https://investmentpolicy.unctad.org/investment-dispute-settlement/country/96/india

Obviously our case has not yet featured on this list. However, interesting to note that India has a total of 1332 cases, some of which have been settled

"Thus, the underwriting and due diligence process for a litigation funder may often include obtaining a damages expert’s opinion, in addition to legal experts who might be asked to address legal questions regarding the case.

In the Indo Gold example, Indo Gold’s parent company Panthera Resources PLC in its stock exchange announcement on 25 August 2023 described the underwriting and due diligence process as a “detailed examination, supported by advice from multiple legal, mining and valuation experts.” With a litigation funder involved, the chances of success of a claim can only improve by reason of this rigorous assessment by the funder".

PERFECT

https://www.businessnews.com.au/article/The-use-of-disputes-finance-in-international-mining-disputes

Shearclass

Absolutely spot on in your last post.

I forgot to add in my previous post that it's worth noting that some if their large mining companies want to do business in Australia too and its a total embarassment for India in the mining world.

They have had a reputation if ending up in international arbitration and would want to avoid that. I think they will bargain hard on any settlement but in the end PAT will have its way as, reputationally, this will indeed be very bad for India

1) So this I think suggests they are indeed at the round table

2) We are saying to them, we need fair compensation as per below - if they don't, we go to arbitration

3) Even if you take, for argument sake, a minimum compensation of £150m, this would be £1

GLA

"provisions were included in the Act to reimburse parties for expenditures incurred. Under the Treaty, IGPL is entitled to fair and equitable compensation, not merely reimbursement of expenditures.

The acts and omissions by Rajasthan and India, culminating in the enactment of MMDR2021 and the dismissal in September 2023 of MMI's writ petition, amount to breaches by India of its obligations under the Treaty, including but not limited to, Article 3 (Promotion and Protection of Investments), Article 4 (Treatment of Investments) and Article 7 (Expropriation and Nationalisation). IGPL will be seeking damages from India".

Icecool

Echo what you have said. I'm just waiting for the 6th April !!

Gallant

IF a raise is done, I reckon it will be announced when the share price has shot up to 50p!

I think the news might be next week.

GLA

Invested after doing research. Looks promising.

GLA

That are being messed up over there

https://globalarbitrationreview.com/article/billion-dollar-dispute-over-indian-gas-venture-headed-arbitration

Like the recognition

"for this novel approach to targeted cancer therapy."

RNS couldn't have been clearer. Will be loading up more here

GLA all long term holders

Expecting to hear soon

Remember of the mining company which found nothing throughout their exploration time, were on the verge of giving up and had one drill hole final stab - and landed with a major discovery

"The entire project consists of three tenements totalling 50 blocks covering an area of 165km2 and is considered highly prospective for precious and base metals".

"These results are spectacular and vindicate our original belief that Cottesloe has significant potential. For it to occur in the south highlights the scale of what we have in front of us for the entirety of the project. To have mineralisation, and zonation of minerals, from surface to 700m is truly incredible and the confirmed large scale mineralised system is clearly great news. We may have a very large base and battery metals discovery in the making at Cottesloe and look forward to moving this project further along the exploration curve in 2024 as this year's exploration season is just about to commence."

Won't be able to buy at this price for long

Excellent news. This will now be accelerated and looks extremely promising.

GLA

Thanks for fantastic research.

Glad I bought here.