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Lydian International Ltd T.LYD


Primary Symbol: LYDIF

Lydian International Ltd is a gold focused mineral development corporation engaged in exploring and developing precious metals assets located in Armenia and Georgia. Its main project is Amulsar Gold Project (Amulsar) in Armenia. It owns the Amulsar Project, through its wholly-owned subsidiary Lydian Resources Armenia. Amulsar is a compelling opportunity for a large scale, low cost operation utilizing open pit mining and conventional heap leach processing.


OTCPK:LYDIF - Post by User

Comment by Chileanmafiaon Dec 04, 2019 7:23pm
122 Views
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....
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