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Stans Energy Corp V.HRE.H

Alternate Symbol(s):  HREEF

Stans Energy Corp. is a Canada-based resource development company focused on advancing rare and specialty metals properties and processing technologies. The Company is transitioning into a supplier of materials and technologies that will assist in satisfying the future energy supply, storage and transmission needs of the world. Its subsidiaries include SevAmRus CJSC, Kutisay Mining LLC and Kashka REE Plant Ltd.


TSXV:HRE.H - Post by User

Bullboard Posts
Post by opencurtainon Mar 07, 2015 10:16am
342 Views
Post# 23500040

Ian Atkinson answering a Question about stans

Ian Atkinson answering a Question about stansThis is a question put to Ian Atkinson about Stans court case its from the Alpah report on the Q4 results from Centerra ..


vitali Mossounov - Scotiabank
Okay. And then a final question on the proceedings with Stans Energy and Kyrgyzstan. I know there is a Court date coming up in March in Moscow, there is going to be an appeal, possibly a successful appeal, if it is successful what is the process in the timeline for you going back to the Ontario Court and getting the injunction that, how would that look?
 
Ian Atkinson - President & CEO
Let's be very clear. I mean this -- the case, the arbitration case is between Stans Energy and the Kyrgyz Republic, because the Kyrgyz Government, Kyrgyzaltyn, it doesn't involve Centerra at all. The order that we are under from the Ontario Court was brought by Stans Energy in the Court, as a result of the arbitration award in Moscow. And so we have no influence over the decisions that either of the courts make and should the ruling in Moscow in March and go in favor of the Kyrgyz Republic as supposed to Stans Energy then the Kyrgyz Government would have to take steps to get the order lifted.
 
Vitali Mossounov - Scotiabank
And so the timeline on that, you wouldn't be able to comment on something like that.
 
Ian Atkinson - President & CEO
No, the Court date right now is the date it's scheduled for March 2.
 
Vitali Mossounov - Scotiabank
Bullboard Posts