TSXV:HRE.H - Post by User
Post by
TrickyGameon Feb 04, 2019 12:58am
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Post# 29313260
The bullish case for HRE
The bullish case for HRE
1) The UN ruled they would hear the case in January 2017. I believe the wording was "because stans has a reasonable chance of success" correct me if I'm wrong. 1a) two legal funders have agreed to fund stans case at the UN. I gaurentee you they would have done tons of due diligence on the case. One of them put 7.5 million USD in advancing stans case. 2) In 2017 the Republic put up the expropriated assets of stans for auction. Yet there was a clause that the winning bidder had to agreed to take on the financial liability in the event of stans energy winning the arbitration. The winning bidder, Kamal oil, refused to satisfy this requirement. Personally I believe they did this to try and get the potential liability of a judgment in favor of stans off thier books because they know they will lose. 3) the Republic tried to go to the English court to have a judgement in favor of stans set aside. That was rejected. 4) Stans own the rail line to the plant in the Republic. 5) stans applied for the international intellectual property rights for lithium carbonate processing technology in 2016. They have the rights to export it globally and to licence it to other lithium companies. (I tried searching wipo couldn't find anything on the patent) 6) stans has the ability to purchase 100% of the lithium mill in Russia and they have applied for a rheinium mining licence in Russia according to the AGM comments. 7) Correct me if I'm wrong but I checked the permanent court of arbitration Wikipedia page and according to it "the decision is binding on the parties and there is no mechanism for appeal" Remember to do your own research and due diligence or speak with an investment advisor.