Last Chance today! I've been tempted and bought more - have a strange feeling that this is going to be good. Always had a nagging doubt with Oxus but not here.I sold half my original purchase so had a 'free bet'. However in the words of Clement Freud I feel " a bet should hurt but not break you".Now I stand to lose a bit it's made it more exiting!Good luck to all that are holding - Suspension tomorrow and possibly a result on Wednesday.Always wondered about the 3 day notification period and why so long. All I can think is possibly. The suspension period would allow ROI to come up with some sort of settlement in order to stop the verdict going public.
Re: What could Tuesday look like? I guess we then have another wait for the case proper to be resolved once we're past the document authenticity! Patience truly is a virtue!
nothing of any note in the indo press embargo?censorship?not newsworthy enough?Big win for CHL?
Courtesy bbr391 Blog Friday, 2 December 20162016 Churchill Mining & The Yearbook Of Mr Investor We stand on the summit of a great leap forward ,or stride back as Churchill comes to the epicentre of the result of arbitration . Which way will it go ? Suffice to add I have twenty fold the Oxus Investment here .Ten fold the Rurelec Investment & even more than on the Metal Tech Victory . Having joined Mr David Quinlivan on the hunt for reparation in Christmas 2011 . It seems very fitting that Christmas will be Our Central thematic . As usual Investing in the right place comes down to self belief ,good research and a slice of luck .Let`s hope Churchill`s legal team have all three in abundance . There are good reasons even for The Indonesian Government to settle this case fairly and Equitably ,which I am sure many of you have researched and are up to speed on . Expected Outcome ; Nought or One pound and twenty pence . ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -------- Of Other matters . Having realised that you have posted in the current year on forty ( yes ,forty). Different Boards on chats ,one realises that the same old mistakes continue.Next year I must try to be more focused and rectify this ongoing mistake . Congratulations are due on keeping the current portfolio to ten & less actual shares held .Which goes to show how often I have changed from one Investment to another during the past twelve months . Even A Churchill Loss ,which we are prepared for will leave as at the plus 10K mark .A good result will aid us in many of this years problems , hopefully.Current Portfolio Aortech International Churchill Mining Magellan Petroleum Cambium Global Timber Pathfinder MineralsHence forth I shall just stick to those above 1K . And May
Re: What's could Tuesday look like? We may not get a decision during trading on Tuesday.ICSID will give their decision on Tuesday. They don't even open till 2pm UK time so even if they issued the decision straight away (unlikely) Clifford Chance LLC will have to read through the decision before issuing guidance to CHL to allow them to issue the RNS.Now I am not sure if, as soon as ICSID releases it's decision to CC/CH and RoI if it becomes public knowledge straight away (someone else with more experience in the area can answer that) but trading will be suspended until CHL release their RNS anyway.So Tuesday afternoon earliest IMHO and maybe RNS won't get issued til Wednesday morning ?Just my thoughts ... good luck all
What's could Tuesday look like? Obviously difficult to be exact without details or a result...but...let's say we won, how will Tuesday likely unfold for everyone? Anyone have any pre-match rituals or celebratory ideas?
Re: Appeal I believe that Churchill can appeal, but ROI cannot.
Appeal Doesn't either party have the right to appeal?
When the result is known GPbackLet's see whether your position as no.2 ramper (2nd only to alltold9) on iii is deserved when the result comes in.I remember your constant ramping on BLVN - didn't happen.Here, you're predicting £8.---------- ---------- -Best of luck. Don't forget 800p at best so don't sell short on the right result.---------- ---------- -
Re: How about that..... GPback Simple question - do you receive confirmation of the arbitration result at the same time as Churchill and ROI? I might be wrong about knowing 3 days in advance, but I'm not wrong that the parties know of the result before the wider market. Today's rns has proved that.
How about that..... ..... the company/ROI DIDN'T get to find out 3 days before the Tribunal announced it's decision!!!Some people need to go back to school!
make or break time tuesday
Re: some news [link]
some news ISDS allows multinational companies to sue countries for compensation whenever a government passes a law impinging on foreign investment interests, activists have warned.Indonesia has found itself engaged in international dispute settlements several times in the past. In 2011, British national Rafat Ali Rizvi sued Indonesia over the Bank Century case despite being a suspect in the infamous bailout corruption case.In 2012 Churchill Mining and Planet Mining sued Kutai Timur regency in East Kalimantan over a mining license, and in 2014 Newmont Mining Corporation sued the Indonesian government over the Batu Hijau mine in West Nusa Tenggara.Acknowledging it as a possible sticking point in the CEPA negotiations, Retno conveyed Indonesias guarded optimism toward the ICS ahead of the next round of talks in Bali.
Award How much? All 1.315 billion USD's?Lol.