RE:Appeal and OSCOh my long PERU...then you best sell your shares!!!
My Review of the 20 page “Rulings” documents (especially the ending Summary). The courts ruling made clear on their “Opinion on payments & proof of payments attempted 3 years ago was sufficient!” The court “strongly disagreed with the agencies regarding the rights of concessions in question!” LIACF/PLUUF won the case.
Appeal …yes! On the merit of what? New evidence, new cause or evidence? I guess we shall see in due time. However- The Team, Company are confident! & the market seem to be trending in a positive direction. (even under pressure.)
IMHO -
Application to the NYSE listing is in play, current share price has shown strength above 4$/share. Larger Institutional Investors should be entering. Recent credible firms are calling for higher share prices $7 to 8$/share leading into 2022. I just not as concerned as you...
Good luck with your short positions… ADIOS!
Chico