GREY:LYDIF - Post by User
Comment by
Chileanmafiaon Dec 04, 2019 7:23pm
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Post# 30423025
RE:RE:RE:RE:RE:April 2020
RE:RE:RE:RE:RE:April 2020Sin - you hit the nail on the head - government's care more about votes than they do the money - because they know with the votes they get the money.
Concerning the project - under the current circumstances (no access and no government support) LYD has little to no chance of getting back to work in Armenia any time soon.
I also think there isn't any room for LYD to work with the current government - leaving the BIT process as the only option.
If the BIT process rules in favor of LYD - then it will likely be about 40% of the ask - based on what I have seen (concerning similar cases) 33% of rulings are in favour of companies and about 20-25% are solved with out of court settlements - so there is a high probabilty for LYD to get something out of this, but no doubt it will take considerable time...
If there is an annoucement about the BIT process - it will be interesting to see where the SP will end up....