Arbitration Proceeding Stayed due to Non-paymentAccording to the ICSID website the Galway Gold v. Republic of Colombia arbitration proceeding has been "stayed" as of Aug/11/23 due to non-payment of the required advances pursuant to the ICSID Administrative and Financial Regulation 16(2)(b).
Seems like a fairly material development that should warrant some sort of public disclosure or update from the company, if you ask me. Yet, nothing but radio silence.
Anyone been in contact with the company lately of have any further details?
BH