I would expect/hope the pressure now on Felix (after AVZ raised legal funding +M23) gets a result prior to ICSID. End of the day you have to put a figure on it .I didn't make up the figure . $10Billion at this stage of the game has been bandied around quite a lot . If it is $10Billion then IMO it works backwards from that amount . That's how business usually works . $2.25 per share .What the ICSID decide is more to do with DRC being fined .
Kobold do not have to abide by the ruling of ICSID
They can offer what they see as appropriate compensation as at the moment no one else but the US can offer security for minerals .
I only see the ICSID having an influence on the reputation of Gates and BHP and the others to be not seen as" Unfair miserly " in the appropriate compensation statement.
How important is their reputation ?
Surely you do not have to go to ICSID and expose all the dirty laundry of the DRC to arrive at an agreement .
If it does then it shows that KoBold are trying to muscle in on the cheap.
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