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i think there might be another class action (*****is) that we have funded going to trial next week. i don't understand all the legal speak here but could be postponed?
https://www.comcourts.gov.au/pas/file/federal/p/nsd862/2018/actions
Hmmm…
https://x.com/puppyeh1/status/1762109390793118059?s=46&t=XoGuyEDDIkFm8ko5sKctdw
Wrong Bobby. That is why it pays to read the fine print! Ex entitlement was set after the close of market so Monday is the day.
To those that love to gripe there is no promised battery metals strategy etc, you are missing the point. This is a special situation investment that revolves around the ECT case. The rest is just noise, so buckle up and enjoy the ride. Much better returns on offer here than punting a mining project.
And yes when you have your asset expropriated by a sovereign government, your stock price goes to zero as mining investors bail out and slowly the special situation investors move in…
Slowly reeling in this win:
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02770172-6A1193001
These actions of the Slovenian government just go to strengthen the case against them don’t they? Have they defrauded creditors? What are claw-back provisions for preferential creditor payments in Slovenia? Going to be pretty easy to find out where the money was sent and under what instructions you would have thought…
Https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02758225-6A1188106
Tomorrow a little bit of a D-Day for Tanzania in the arbitration claim we have funded against them. Do they pay up collateral or make us seize their assets?
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02755010-6A1186862
Looks like we are funding this matter?
https://www.linkedin.com/posts/justin-gutmann-86b75b13_loyalty-penalty-claim-activity-7138891302783418368-Ux8i/?utm_source=share&utm_medium=member_ios
Was it ever the responsibility of AST to submit an EIA? I would have thought it was the responsibility of the project operator, which ironically a company part owned by the Slovenian government...
No the ECT claim WONT go up in a puff of smoke if they withdraw from the ECT.
All you need to verify for yourself is to google “Energy charter treaty sunset clause”
20 years the obligation sits around for! Maybe you should call Enyo Law and inform them of their misguided due diligence on the claim? lol!!
The net is closing in on another pay day:
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02735691-6A1178828?access_token=83ff96335c2d45a094df02a206a39ff4
Page 4 references our returns:
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02695533-6A1162519?access_token=83ff96335c2d45a094df02a206a39ff4
Looks like another win incoming:
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02687201-6A1158600?access_token=83ff96335c2d45a094df02a206a39ff4
Well we have been told that by mutual agreement LCM have until the end of May to complete their due diligence on the merits of the legal claim. That is tomorrow!
fingers crossed all boxes are ticked, but a huge vote of confidence in the merits of the claim for international arbitration should it come through.