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ODR - that’s assuming the arb doc was legitimate. Zaza keeps mentioning 14 items raised in the arb with only two being awarded to the GG. I couldn’t see 14 items in the leaked doc which makes me believe it had been altered. As previously mentioned, the Georgian media would also have used this in the interviewing of both the GG and Zaza if it was legit.
Well it can’t be bad otherwise Star would have posted the link and read it By 10pm
If only...
http://georgiatoday.ge/news/21516/Armenian-Parliament-Votes-to-Arrest-Well-known-Oligarch--
Anyone seen Star during this time of positivity? I thought he'd be stating the letters are 'almost 100%' non genuine or have at least forwarded them on to ADVFN or SP. Despite the Georgian media not publishing the arb document, Zaza's return shot has made TW look a fool...again!
GLA
Johnbri4 “ I have spent my working life in the aviation industry and I have done very well out of it“
“may sound selfish but this is the opportunity to trim the employees down to a bare minimum and build up when better times come. There will be a pool of eager candidates out there. I invest in the hope the BOD do what is necessary to grow the business and hence increase the returns for investors.”
Well you’re ok aren’t you Jack ?!
Nice work Zib.
As many alluded to last night, it appears TW and his gang posted the arb doc on here. It gave him the safety of it already being in the ‘public domain’ to avoid any legal action for posting it on SP, which was coincidentally within 24 hours. Strange who helped with the posting of the link and continued to push their agenda, but more importantly how they got it. It smells of coordinated attack. I still doubt whether all of the doc is legit as it could easily be doctored by a legal professional in the weeks / months after the arb conclusion had been written up. If the GG were so confident that they were following due process then they would have just waited until mid July. The balls now in Zaza’s court so let’s see his next shot.
GLA
Haha ah yes, that reliable source of BS
Where? Link?
Where else other than this board Star? And what happened to the agreement this morning? Again you are posting something as fact when you don’t know whether it is or not.
However, if you feel more comfortable not posting actual text from the document and would prefer to take the posts down that are there then I'm personally fine by that. Any discussion can reference the item numbers rather than actual text.
It didn’t take long to revert back did it Star?
Dear - Nice to see you’ve been watching the sewing bee. Maybe you could move on to the spelling bee next. Your problem, apart from being a violent bully, is you think that you are important because you invested before others and you can’t accept reality, to the extent you immediately dismiss the document as false without even looking at it, when anyone with any intelligence will conclude it’s almost 100% genuine.
Thats implies you read it. Either that or you were guessing that it was 'almost' 100% genuine. Which one?
I have read the whole document Star, but it took a lot longer than the 10 minutes or so it took you after the link was posted. As per Christmas 2018, you appear to have had a 'heads up' of a document.
Yes he did. Zib’s predictive made a change ;)
RE: Just giving09 Jun 2020 17:44
The starred one was Mr R S o l e lol...
Nice work Looed. £20 in the pot.
GLA
Thanks for posting Keyersoze.
It gives a good insight into the high profile / influential contacts that Zaza has made of the years, what FRR has achieved despite the political challenges, and also the respect that Zaza has with his investors / shareholders.
Same spiel of mentioning reimbursement of mineral tax and court expenses.
“The Arbitral Tribunal supported legal position of the Georgian side and satisfied a vast majority of the claims made by GOGC and SAOG. Particularly, the Arbitral Tribunal ruled that FRGC committed material breach of the PSC, which is a ground for terminating the contract. As a result, FRGC must reimburse GOGC with approximately 6 million USD for mineral resources usage tax and for legal expenses resulting from the arbitration proceedings.“
Toning down the rhetoric
"As a consequence of the fact that Frontera refuses to disclose the arbitral award so far, and since Georgian side refrains from unilateral action, we will limit ourselves with just brief information around the main postulates of the award in order to protect the state’s investment image and to satisfy the interested parties:“
http://georgiatoday.ge/news/21340/Georgian-Companies-Call-on-Frontera-not-to-Politicize-Legal-Dispute
“As a result, FRGC must reimburse GOGC with approximately 6 million USD for mineral resources usage tax and for legal expenses resulting from the arbitration proceedings. “
As per yesterday (inc KPMG): are these the best awards out of the 14 that the GOGC can claim? Smacks of desperation as well as backtracking. The GD party are on the back foot and they know it! IMO !!!!
GLA
Looed- have you tried using a VPN?
ODR - I agree, but we still don't know whether KPMG are going by the GOGC statement or the arbitration result (full or partial). Nonetheless, nothing damning or contradictory has been declared other than what Zaza has stated on live TV. Why live... because the media is Russian owned and previous statements have no doubt been amended.
This IMO is a non event that has been blown out of proportion this morning.