RE:RE:RE:RE:RE:When is the news/decision Stansman wrote: RML had a settlement agreement upon the announcement with initial payment of “100 million”. Do you really think Stans will have a settlement?
I agree the float is much smaller but everyone needs to tap the brakes and be realistic.
I think the optimisism with HRE comes from the fact that the May 29 2019 press release says 'AWARD' not decision and there are other factors
1) the republic went to the english court in 2017 IIRC to have judgement by the Tribunal in favor of Stan's set aside, which as far as I know, in Legalese that means it nullifies any judgement. THE ENGLISH COURT REJECTED THE REPUBLIC'S CLAIM AND ORDERED THE REPUBLIC TO PAY STAN'S $222,000 USDS IN COURT COSTS
2) In 2017 the REpublic put EVERYTHING stan's legally had owned up for auction with a Starting bid of $10 Million USD (
with a clause that the winning bidder MUST agree to take on ANY financial liability from a trubinal judgement in Stan's favor ) THere was a winning bidder KAMAL OIL but for whatever reason they refused to statisfy that clause so the deal never went through
I'm not a lawyer but in my opinion that tells me that the republic feels like they will lose and they were trying to get the liability off their books as fast as possible.
3) Stan's has had 2 legal funders ( one at a time) funding their legal case. IIRC both these funders specialize in funding arbraition disputes. Calinuis Capital has put up a total of $7.5 Million USD. NO INDIVIDUAL IN A LAW FIRM IN THIER SOUND MIND WOULD AGREE TO FUND A LEGAL CASE WITHOUT DOING TONS AND TOS OF DUE DILLILENGE.
So it's pretty much blatantly obivious that BOTH legal funder have concluded based on DD Stan's has a reasonable/high chance of winning based on the merits of the case OR ELSE THEY WOULD HAVE NEVER AGREED TO FUND THE CASE.
Those are all the big ones that I can remember off the top of my head right now