Eco Oro Minerals Corp C.EOM

It is now reasonably obvious!

[oldtimer42]

The arbitration board is no doubt banking on a negotiated settlement. I think it hinges on the Colombians to finally establish the Paramo boundaries which would make EOM marketable and Minesa viable setting the stage for a Minesa buyout. That is the best outcome for everyone. There is no other logical reason for the arbitration decision taking this long. The kicker is it has to bulletproof for Minesa and EOM to buy in. Nobody trusts the Colombians, and with good reason. They say silence is golden.....but show me the cash!

[sailor8]

I agree.  But I think also: What does it mean for the holders of the CVRs ? I admit I am a bit too lazy to read all the fine prints written in the CVR documents. My rememberance just says very roughly, there was nothing written about  a regulation outside of an ICSID decision. NO doubt, EOM can easily drop the ICSID case, if it comes to a Minesa / Aris agreement. EOM is the claiment

[TiredofWating]

Assuming that there is some resolution that would allow Minesa/Aris buyout, the distribution waterfall is the million dollar question... CVRs take the bulk of an ICSID award.  Under a buyout, I can only imagine that the CVR holders would still get a bulk of that money.   Whichever, I just wish this would get resolved.