9cardomaha
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Cheers mate . Are you concerned about securing the $20mil ? Does Nigel have a back up plan if Locke decline ? What happens if we can't raise funds ? If stall/sh1t f--kery tactics continue after the election at what point does Nigel go all in for compensation ? Surely the countdown has begun ?CheersYou are correct, but its the JV (singular) that is in breach so 100K from the JV per day. One caveat to this, it is possible that ICSID supercedes ICC, so ICC penalties stop ramping up and we only have ICSID measures going forward. but as i pointed out above, this is far better than just having ICC injunctions in place because Z don't give a flying fuck.
My easter eggs were getting rid of MMGAGanfeng offtake was christmas time years ago, still waiting on the easter eggs
No.... that was the Christmas giftMy easter eggs were getting rid of MMGA
I don't think this is the last we'll see of MMGA unfortunately.No.... that was the Christmas gift![]()
Well said 9card. Always good to hear your reasoned and rational thoughts. Your a bloody gem mate ...cheersedit: I will add that submission and preparing documentation for ICC/ICSID is the brunt of legal fees, and since all the cases cover similar aspects, a lot of the prep work that DLA has going on is only billed once and then used across different cases.
- No concerns from my end for 20mil funding from Locke.
- I've previously said Locke funding is the backup. But backup for backup would be to find another fund house, at a potentially steeper rate. DD fee is only if they find we have omitted critical information ahead of DD, but DLA seems confident for back-to-back wins, so DD is not an issue in my mind.
- The backup for the backup of the backup (ie no funding) is to get DFAT involved, we already have comms with the embassy, i know DFAT is also aware of the issue - increasing tariffs on our minerals to China would do the trick @DFAT if you're reading take notes. Sidenote is that we have 11m in the bank, legal fees didn't seem to drain that much last quarter right? 20m additional is just a kicker, taking us to 2030 and beyond which no one wants.
- Stalling and shit fuckery will continue from Z and C period, elections be damned - just need to get more pieces on the board. We have ICC, soon will have ICSID, these will wake the DRC, and if it doesnt then we cross that bridge when we come to it.
- I doubt they can ignore it though, or at minimum, someone foots the bill on their behalf. Speculation doesn't help anyone, so leave it at that.
- Countdowns are variable, my watch can go up to 999 days, its been ticking away, so i'd argue it has not stopped?
China found a loophole in what we got at ICC - slimy fucks but technically not breaking the law. Cominiere on the other hand are retarded, but that is back firing and DLA already submitting snippets of 'Cominiere's great work on the site' which is damaging to Faksen's claim that Z is not in breach and conducting all the work by themselves....
ICSID providing the blanket measure to cover everything would stop Z in their tracks IMO.
Thanks again for your response . My concern has been the massive value of the Manono project by far out ways any penalties suffered .That is if we take the view China controls the DRC Government . Which most would agree it does . Either way crunch time is fast approaching for the direction this will go . 3 months tops IMO . imoedit: I will add that submission and preparing documentation for ICC/ICSID is the brunt of legal fees, and since all the cases cover similar aspects, a lot of the prep work that DLA has going on is only billed once and then used across different cases.
- No concerns from my end for 20mil funding from Locke.
- I've previously said Locke funding is the backup. But backup for backup would be to find another fund house, at a potentially steeper rate. DD fee is only if they find we have omitted critical information ahead of DD, but DLA seems confident for back-to-back wins, so DD is not an issue in my mind.
- The backup for the backup of the backup (ie no funding) is to get DFAT involved, we already have comms with the embassy, i know DFAT is also aware of the issue - increasing tariffs on our minerals to China would do the trick @DFAT if you're reading take notes. Sidenote is that we have 11m in the bank, legal fees didn't seem to drain that much last quarter right? 20m additional is just a kicker, taking us to 2030 and beyond which no one wants.
- Stalling and shit fuckery will continue from Z and C period, elections be damned - just need to get more pieces on the board. We have ICC, soon will have ICSID, these will wake the DRC, and if it doesnt then we cross that bridge when we come to it.
- I doubt they can ignore it though, or at minimum, someone foots the bill on their behalf. Speculation doesn't help anyone, so leave it at that.
- Countdowns are variable, my watch can go up to 999 days, its been ticking away, so i'd argue it has not stopped?
I also hope that the financial penalty imposed at ICSID for contravension of the emergency orders substantially outweighs that of the ICC which, loophole or not, doesn't seem to have had much impact.Thanks again for your response . My concern has been the massive value of the Manono project by far out ways any penalties suffered .That is if we take the view China controls the DRC Government . Which most would agree it does . Either way crunch time is fast approaching for the direction this will go . 3 months tops IMO . imo
Are you expecting China/Cominiere to follow ICSID orders ?
What's the relevance of this Newby ?
Big Dog lawyers still want to get paid and if not they will cease acting.I don't think this is the last we'll see of MMGA unfortunately.
Their big dog lawyers don't seem like the people to walk away without a fight