TSXV:HRE.H - Post by User
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Arbitrationproon Apr 29, 2019 6:53pm
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Post# 29685987
RE:RE:RE:RE:RE:RE:RE:Down another 14%
RE:RE:RE:RE:RE:RE:RE:Down another 14%First of all, I repeat, I expect Stans to win the arbitration but most awards are less than claimed.
To expect the full award is not reasonable for the shareholders and the timeline to collect could be longer than most people here think. As I said to monetize any excess to the funders first right to the funds awarded will only be done at the same kind of formula that Boris Aryev said he rejected, or worse. A good example is Stans was awarded costs in the UK awhile back for a few hundred thousand dollars plus accrued interest and the Kyrgystan government ignored it.
Stans and other arbitration award winners tried and failed to encumber the one asset that has value outside of Kyrgystan and that was the Centerra shares.
The litigation funders have very deep pockets and they can wait this out . Can Stans?