TSXV:HRE.H - Post by User
Comment by
TrickyGameon Jul 27, 2019 2:38pm
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Post# 29967301
RE:RE:RE:RE:Good closing for Monday news.
RE:RE:RE:RE:Good closing for Monday news.bobodolen123456 wrote:
what happened to the 222mil awarded by the London court on Nov 8,2017 and talk that it could be as much as 300mil,it also of interest that the Kyrgz Republic has tried to tender the subsoil rights to develop Kutessay 11 twice in the past without any luck,it really looks like this is a win for us but the time frame may not be as soon as expected to hear Tribunal decision ,as they are not held to a schedule only a possible decision in the first half of 2019
It wasnt 222 Million it was $222,000 ish. They didnt pay but we got a court order recently they owe us $697,000 CAD. Do you even do research? Stan's put out a press release on May 29th 2019 stating the PCA expects to announce the decision
in the course of July 2019 Yeah the Republic put our assets up for sale with a clause the winning bidder has to agree to take on any financial liability owed to us as a result of the Tribunal. There was a bidder, Kamal Oil, but they refused to satisfy that requirement.
I view that as the Republic trying to get the liability of having to pay us off their books ASAP.