In my opinion, this U-turn by the GG is a means to show the Georgian public before the elections that Zaza's argument is a political one. The 27th July will come and the termination of the contract will not happen, instead we will probably hear that the GG has decided not to terminate the contract. Zaza can then not continue his attack against the GG without it coming off as a political one seeing as the GG have backed down. AIMO. Gla.
I believe a SM will not do a deal with FRR until the right Government is in power. No matter what the GD say now about a compromise, past persecution cannot be ruled out from rising to the surface again. This will probably be enough to shy any SM away. What if Zaza’s appeal for the GG to retract their intentions of terminating the contract is to acquire funding by some other means to deal with Hope? Then after the elections, should all go the way we want it, a SM will sign the deal and funders are paid... we’re paid... everybody is happy.
At no point did I say that America is not complicit, you assumed that. I considered it a given that America would be in the know considering those high up are probably the largest shareholders (as someone once said)
Your misunderstanding has a striking similarity to a badly written Hollywood movie. Totally unbelievable, my mind could not comprehend the absurdity.
Toatie, that could be part of it, but if there are no consequences regarding the publication should the GOGC choose to without the consent of FRR, I don’t think that’s the whole of it. As I said in my last post, FRR’s consent to the release will breach the NDA of a SM if there is an inclusion of them in the Arb awards. This may be what the GOGC want as it may cause a Possible buyout to fall through, which will in effect bankrupt FRR, at which point they can take the 1.58% back. Hence the need for redaction.
I think you need to re-read what was written, but in the off chance you still can’t make sense of it, I will hopefully simplify it...
it makes no sense for the GOGC to insist on the publication of the Arb awards if it proves all they say to be a lie.
Sec para- the Arb award may contain information of a SM involved in a possible buyout, thus, FRR permitting the release will in effect be a breach of the NDA.
Not so crooked considering it will be for the greater good.
Looed, time will tell whether it’s a valid theory or not, because what I can’t understand is why the GOGC are asking for the release of the Arb awards when it’s going to prove them false in their statements. What sense is there in that if they don’t have something to gain from it?
I can only assume it will ONLY breach an NDA between FRR and a SM if FRR permit the release of the document.. Hence the inclusion of a confidentiality provision (most probably FRR’s idea). Maybe you in your infinite wisdom can give an alternate as undoubtedly you’ll have one whether you choose to acknowledge and share it or not.
Also At no point did I say Zaza was a crook, I believe he is being forced to play a hand that he’d rather not have played, that doesn’t make him a crook, but quite the opposite. When the battleground is in the mud, you have to play dirty.
And by the way, I don’t have to believe a theory for it to be one. Note the thread subject “another possible theory”.
If you think about it from the perspective of a director of a company that has been persecuted by a corrupt government for many years, it’s a logical play to make. Lose millions of personal wealth or play the same dirty game as your oppressors. Easy decision IMO, coupled with the probability of an easy cover up - not to ever permit the release of the arbitration awards.
The only valid question being, (if the GOGC are telling the truth) what’s to stop them releasing the arb docs without the permission of FRR.
Don’t get me wrong, I want this to come good as much as Rainbow, and I invested in this company after much research. I still believe Zaza is a gentleman and has not forgotten about his shareholders, his not communicating directly with us has a valid reason.
Political posturing on part of Zaza, in that he will create so much negative press around the GG that it will further damage an already tainted view of the GD that will ensure they don’t get re-elected. The only way for the GG to stop him will be to cancel the contract termination notice. Therefore a possible deal can be drawn up (if we believe this), Georgia can get its energy independence and the GD can take credit for it. Win win. As opposed to the alternative, Frr lose it all and the GD lose power in Georgia. Lose lose.
Another possible theory - the Georgian government did win the arbitration and it’s exactly as they say, they are entitled to terminate the contract. That being said Zaza has now set out to discredit the GD and ruin their chances of re-election by spreading false news and having America turn against them. The GD Now need to make a decision, as to whether to proceed with the termination or withdraw and come to some kind of deal with Frr so as to avoid the negative publicity.
The reason why I say this, is due to Zaza now having been on all media outlets (newspapers, radio and tv). If we consider that the GD read these statements too, Zaza may be speaking directly to them when saying that “it will take time” to redact the 152pg document, it’s a genius touch, in my opinion it rules out any chance of release if the arb awards to the public before the elections. At which point should a west facing government be elected it will be too late for the Georgian dream.
Just my opinion.
Given that the arb results are over 150 pages long, You could probably find a lot that will back up the statement, however supposed there’s also a ruling that panel also implicitly ruled out termination of contract.... the question we need to be asking ourselves is, did the auditors read the entire 152pg doc or did the GOGC just reveal the snippet of information that backed up their statement? We don’t know.
Politics is seldom ever clean but often dirty, now I’m by no means calling Zaza a liar, but perhaps he has to play the game dependant on his opponent. The world is corrupted by fake news, perhaps it’s one thing to tell a lie or two to the press to bring about a change in government and another thing to lie to his shareholders. Just thinking out loud.
Given the shenanigans and foul play of Outrider, It’s my thoughts that Zaza would prefer Fold the company than give Hope a penny. If Zaza is adamant that he has gotten what he wanted out of the arbitration, if I were Zaza, my next move will be to ensure that Outrider gets less than what they would have, had he just played fair from the outset. In other words, either Hope gets nothing, or he gets an amount that he would consider nominal in comparison to what he could have, had he gotten the shares before (if we are to believe) a supermajority buyout. The grass not always being greener on the other side and all that jazz.
Tsbs - maybe I’m wrong, but doesn’t Zaza need permission from the GOGC to publish anything from the Arbitration award and vice versa, or similarly I’m sure the GOGC could put this to rest by publishing snippets to back up their claims too. Just a thought.
I’d fathom a guess that the reason why they won’t publicly release the Arbitration award is down the NDA (assuming there is one) it would most certainly be a breach and could possibly cause any “pending” deal to fall through.