Stans Energy Corp V.HRE.H

The Challenge Facing Stans

[joevest]

An award will likely be granted to Stans Energy by the Permanent Court of Arbitration (PCA).  However, the PCA cannot enforce this award. Enforcement can only be executed by the legal seizure of Kyrgyz assets in the relevant national courts.
 
This will be an uphill battle.  On July 12, 2016, the Ontario Court of Justice ruled that Centerra Gold shares are the property of Kyrgyzaltyn JSC and not the Kyrgyz Republic.  This ruling was a serious blow to Stans.  The Centerra Gold shares were, as a Stans official put it, the “low-hanging fruit,” the easiest route to asset seizure.  
 
With Centerra Gold shares off the table, Stans would have to pursue other assets.  But Kyrgyzaltyn owns not only shares in Centerra but also all of the Republic’s gold mining interests.  Kyrgyzaltyn also encompasses a health resort, jewelry store, medical center, and hotel.  The company is currently planning to change from a production enterprise into a management company with a holding structure. 
 
Any asset held by Kyrgyzaltyn would be extremely difficult to seize in the wake of the Ontario court’s decision.  Moreover, the Kyrgyz are not stupid.  I am not aware of the reasoning behind the Ontario court’s decision, but the Kyrgs can be expected to use this legal basis (if possible) to arrange all of their non-Kyrgzaltyn assets in such a manner as to obscure their connection to the Kyrgyz government.
 
Stans will have to prove that any asset they’re targeting is owned by the Kyrgyz government, a considerable task.  Because of the Kyrgyz victory in Ontario, there is virtually no chance of a settlement. The Kyrgs know that the road to enforcement will be long and arduous for Stans.  
 
Without enforcement of the presumed award, Stans is dead on arrival.  Stans has no other means—absent a commodities boom--to fund their Russian projects, or any other projects.   
 
If anyone disagrees with the above, I’d like to hear the basis of your thoughts.

[TrickyGame]

I understands where your coming from but correct me if I'm wrong but I believe (i can't find the press release) that Canadian courts ruled they will enforce International Arbriatation rulings. I believe this came AFTER Stan's lost twice on a technicality. 

[TrickyGame]

I cant edit my post but believe there's been regime change in the republic in the last couple years I remember reading an artcle where a republic offical mentions they were being sued twice in court ( that was us and believe the owners of a hotel). I think they settled with the hotel. I don't believe the republic officals are stupid, you mentioned we lost, but theres a simple  fact

[Stansman]

I agree 100% which is why I believe you sell the news on any pop. I dont see how they collect. Im out at .10 cents

[timeforawinner2]

Jovest,not to sure if you are a lawyer.That all being said why in fact would two large law firms involve themselves for a % of awards if they didn't think they had a chance of some award or recourse Thank you GLTAL's

[TrickyGame]

yeah no law firm would put millions into advancing a case without doing boatlods of due dilligence and concluding they have a reasonable/high chance of winning. Why advance a losing claim?. The fact that we have 2 law firms putting up money is incouraging 

[123buyholdhope]

I agree with your premise. I am not a lawyer and again, as usual all speculation. Let’s assume that the legal fees come to $7 mill (put in your own #'s - e.g. TMI’s funder courts costs for a now nearly 7 year PCA case + award settlement, still not concluded, is around $ 7 mill). The funders need an award of just $7 mill if they have a contract that indicates court costs paid before all other

[Stock20]

How about RML 1.28B US dollar PCA awarded.

[timeforawinner2]

Stock20 if you don't mind who is RML and when was this awarded??

[123buyholdhope]

Good find Stock20. If it is Rusoro Mining Ltd., to whom you refer they were certainly at the upper end of claim awards getting about $1.25 bill with a claim for about $2.5 bill (about 50%). This would put TMI and Russo as clear outliers re., claims awarded at round figures of about 7% and 50%. Apparently, Rusoro lost its gold mine asset in 2011, went to court and the settlement was agreed late

[Stansman]

Great find.  Same pattern. Stock option in July then a pop in Oct on the news.  Notice it crashes back down.  Kinda makes me wanna buy more before July.  Again we we will see a pop. Sell the news....

[HLYTrading]

no one on here talking about the lithium deal in russia.. dig deeper on armz.. armz may be the funding partner to stans production/mining technology. remember stans filed a patent about 2 years ago on mining lithium. I wouldn't be suprised 1 bit if armz finances the deal, stans runs the opperation, 50/50 arrangment. if that happens, watch out

[TrickyGame]

I heard abouts stans lithium processing technology, IIRC they developed it with a Russian partner and stans has rights to export globally  I can't copy and paste but I think tthis is the link: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1474-tsx-venture/hre/25871-stans-energy-seeks-international-intellectual-property-rights-for-lithium-carbonate-production

[yeribe]

Hello TickyGame, I think the following Stans news release dated October 25 2016 headed " Stans Seeks International Intellectual Property Rights for Lithium Carbonate Production Technology" is the info you couldn't copy.. The original news release can be found on Stans web page. Note the Stans' statement "This patentable technology will be licensed for export by Stans and

[TrickyGame]

ok so hypothetically if Stan's gets the IIPR for the technology and they do license it to other lithium companies then that COULD  make stan's an attractive take over target for the bigger players in the lithium industry if the technology is a huge advantage over other companies  again everyone should do thier own research and due dilligence or speak with a qualified financial