indaknow
16 Nov 2016
Re: Time to take your positions.... They don't get 3 days notice of the actual result before the wider market does!!__________ ______GPback you talk some right boll0cks! You're not seriously suggesting that ISCID announce the result to the general public before they notify the parties involved?! Check out Oxus Gold for a recent example. Arbitration result was notified to the parties on the 21st December (a monday) and the Company issued an RNS on the 23rd (a Wednesday).
searchers-son
16 Nov 2016
Re: Time to take your positions.... The "ramper in Chief" speaketh
GPback
16 Nov 2016
Re: Time to take your positions.... I've a decent position in here, done my research and believe we will win.Good luck.I read it as the company will find out exactly when the result will be given within 2 weeks and this will be 3 days before it is published. They don't get 3 days notice of the actual result before the wider market does!!
GENG
16 Nov 2016
Re: Time to take your positions.... If the parties know before the official release - aren't they duty bound to RNS it?Anyway watch this space as CHL has always been a bit leaky!Could easily be up over 60p by next week and if the Indonesians know they've lost 3 days before its announced then expect some serious Hedgin!
indaknow
16 Nov 2016
Re: Time to take your positions.... This time next year rodders.... GLA!
nigel2222
16 Nov 2016
Re: Time to take your positions.... Fair enough. I didn't see the ICSID announcement.
indaknow
16 Nov 2016
Re: Time to take your positions.... NigelThe Directors of Churchill Mining plc (AIM:CHL) advise that the ICSID Secretariat has today informed the Parties that the ICSID Tribunal ("Tribunal"
is finalising its decision and expects to be in a position to issue it within the next two weeks. Quite categoric that a decision will be made within 2 weeks unless the rns is a lie.. Last time I looked, the Indonesian government aren't subject to UK legislation so any activity on their part to mitigate the outcome (ie buying shares to hedge) won't need explanation in court.
Gold or Silver
16 Nov 2016
Exciting Is it ?Good luck AllAnd May
nigel2222
16 Nov 2016
Re: Time to take your positions.... Who says we will know within two weeks? What on earth does "If the parties find out 3 days before the news is officially released we'll see activity very soon!" mean, unless the suggestion is that someone in the company would deal based on knowledge not yet shared with the market. Good luck to anyone trying to explain that away in court!
indaknow
16 Nov 2016
Time to take your positions.... We'll know the decision within 2 weeks. If the parties find out 3 days before the news is officially released we'll see activity very soon!Good luck to everyone, including the uber ramping GPback....
searchers-son
13 Nov 2016
Decision taking time Surely the directors must have an inkling as to outcomeNo more share sales from directors etcShuffling of existing shareholdings by directors etcPrice not tanking hopefully all positive As usualDYORamping(TM)
searchers-son
08 Nov 2016
sorting [link] government is pushing for legal reforms in the country’s mining industry to curb the issuance of problematic mining licenses and attract more proficient investors in years to come.The 2009 Mining Law has been blamed for a misuse of authority under regional autonomy, which grants local administrations the authority to issue licenses even to amateur mining companies.As a result, the number of mineral and coal mining permits soared to more than 10,000 in the past six years, compared to 900 permits issued within the period of 1967 to 2009, the Energy and Mineral Resources Ministry’s mineral and coal director general Bambang Gatot Ariyono said.“However, only around 6,000 permits currently have a clean and clear status. This certainly has been a major problem for us,” Bambang said on Monday.The permit issuance system has long drawn criticism as industry insiders argue that local leaders misuse their authority for personal gain, with the consequence of overlapping concession areas and many firms failing to meet their obligations before the law.Responding to the increase in illegal practices to obtain mining permits, the Corruption Eradication Commission (KPK) is planning a massive sweep for corruption cases involving firms. Data from the antigraft body show that since 2002, 30 percent of the 500 suspects named by the KPK are businesspeople. Most of the cases are related to permits, procurement and tax-related bribery.In September, the KPK named Southeast Sulawesi Governor Nur Alam a suspect in a bribery case linked to the issuance of several dubious mining licenses.“Therefore, businesspeople are often reluctant to put their trust [in local administrations], Bambang went on, adding that various regional taxes were also a problem. “We have to fix this by providing legal certainty for those businesspeople.”A 2016 survey by PricewaterhouseCoopers (PwC) found that oil and gas giants were more pessimistic about their operations in Indonesia than elsewhere in the world.Around 61 percent of the respondents said they would not increase exploration activities in Indonesia in the next three years. Moreover, 91 percent of them believe that employment in the oil and gas sector will continue to decrease this year.PwC Indonesia lead advisor for energy, utilities and mining Sacha Winzenried said in such an environment, investors sought consistency and certainty in government policies.In June, President Joko “Jokowi” Widodo said he would scrap 3,000 problematic bylaws issued by regional governments across the country, as they contradicted central government regulations, including those in the mining and oil and gas industries.According to data from the Indonesian Mining Association (IMA), a mining company in Indonesia must pay government institutions for at least 35 items before it can run operations. In total, those items account for some 30 percent of a company’s gross revenue.“If this keeps happening, investors will be reluctant to invest in the country, as greenfield exploration, for instance, is a high-risk investment with a very high cost. They need legal certainty before they [invest] money here,” said mining expert Kosim Gandataruna, who is also a former director general of mining at the Energy and Mineral Resources Ministry.---------- ---------To receive comprehensive and earlier access to The Jakarta Post print edition, please subscribe to our epaper through iOS' iTunes, Android's Google Play, Blackberry World or Microsoft's Windows Store. Subscription includes free daily editions of The Nation, The Star Malaysia, the Philippine Daily Inquirer and Asia News.
searchers-son
07 Nov 2016
duckys being re-aligned?
Gold or Silver
04 Nov 2016
Re: The Price comp Quintet 26-02-14 Two years to goMagrah 1.30searchers-son 1.25Gold or Silver 1.04dreamer 80valkyrie 65---------- --------Should be a result by Christmas 2016 .Good luck AllAnd May
Magrah
03 Nov 2016
Re: Director share transfer Anyone's guess, crystallise a loss in the company now as needs the losses to go against profits? I would not have thought the shares were sitting at a gain in the co as he would have had to pay corporation tax on any gain. He may pay less tax on a personal holding if the shares rise or he could need the losses if the share price goes down. There could be a number of reasons but it's going to be tax driven . . .
