Comment by sailor8on May 03, 2024 4:35pm

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Post# 36022504
RE:RE:RE:RE:Anything under 1 billion USD would be a big win for Colombia
RE:RE:RE:RE:Anything under 1 billion USD would be a big win for ColombiaYes, something like 1,2 B US$! Depending when you take the starting date, on which the damages to us happened.
The de facto expropiation was executed in several steps, piece by piece by the Colombians.
Even at 1.2 B$ it would be a big winning for the Colombians. The gold assets which they expropiated from us, have now a much higher net value (after deduction of "All-In Sustaining Costs"), than anything between 1 -1.2 B US$.
After the ICSID case is finally finished, it will not take very long time: and underground mining will be declared as eco friendly on our licence area. May be under the Colombian name plate "Eco Minerales" instead of "Eco Oro"...