RE: Re-reading old statements by GOGC1 May 2020 10:08
Looed,it seems pretty straight forward and explained by mole. The arbitration was for return of 99 pc of ground validated by the arbitration result with respect to material breaches . The psa has clause that in the case of proven material breaches the psa can be terminated with 90 day notice .The georgians have followed the guidelines set out in the psa . Well thats how I read it .
On one hand we have the respected lawyers and sovereign gvnt version published.on the other hand we have a report attributed to zz, ceo of a company that didnt inform holders that there was in issue and negotiations prior to arbitration,didnt inform us of the instigation of arbitration, didnt release the true facts regarding loans, said he had no idea why the nomad resigned with immediate effect and are in talks to appoint new nomad then much later states that they decided to de list .last rns stated they would carry on issueing news via rns reach and investor meetings .
Sorry but this is not a guy that I trust . Not hard to work out why he may not want to release the full decision . Unfortunately too many on here mistook the nature of arbitration .