RE: Potential multi-bagger9 Feb 2022 14:25
Doing my DD for here as on paper, it looks an attractive R/R prospect. I’m hoping “proceeding at pace” does in fact mean as much and is not just company waffle.
Below from recent announcement:
“ GreenX’s investment dispute with the Republic of Poland is not unique, with international media widely reporting that the political environment and investment climate in Poland has deteriorated since the change in Government in 2015. As a result, there are a significant number of International Arbitration claims being brought against Poland in the natural resources and energy sectors with damages
claims ranging from US$120 million to over US$1.3 billion and includes Bluegas NRG Holding (Gas), Lumina Copper (Copper) and InvEnergy (wind farms).”
Does anyone know:
1) what is the cost structure of the claim (split or cost follows?)
2) will more legal action to enforce the arbitration result be required after successful claim?
3) if claim is unsuccessful what are the liabilities to green-x?
4) what is the success rate of international arbitration v Poland- is it legitimate?
5) how are Bluegas NRG Holding, Lumina Copper and InvEnergy faring with their claims?
Thanks in advance and good luck