Esperanza's Ratings

BUY PFP by Esperanza on 24 Sep 2014 09:56

Price at rating: 0.30, now:

1. The Mozambique Courts are most active between Oct-Dec in order to 'clear the desk' before their recess between Jan-Mar. We are approaching a critical period in this case and in the judicial calendar.r 2. The Presidential elections next month will bring in a new government. The current regime doesn’t really seem to want to get involved...maybe because of the Generals close ties with them. That is about to change.r 3. As soon as the Mozambique Supreme Court (cannot be appealed) recognises the UK High Court ruling, this will set-off a chain of events:r a) The Ministry of Mines will act in accordance with the ruling and release the licence directly back to Pathfinder’s ownership – not the subsidiary company supposedly taken-over by Cavaco and Veloso!r b) The UK High Courts awarded claim of £1.1 million against Cavaco and Veloso will be immediately enforced under Mozambique Law. Assets will be seized – there is no appeal.r c) Pathfinder’s lawyers will go after all connected parties for substantial damages.r 4. The share price will probably be suspended ahead of a release of the Supreme Court news and reopened a few days later with a 30-fold increase. There will be no time to jump in and ride this one upwards. You need to be in ahead of news to enjoy the ride.r All of course in my private humble opinion. You may think differently.r

Score: 45.00