Primeline Energy Holdings Inc V.PEH.H

Arbitration

[kenbar1]

The reward is to be announced by the end of February according to their news release of Jan. 9th.

[monstapeake]

care to predict what the amount might be.  More trading today than usual.  mpke

[kenbar1]

The last few quarterly MD&A reports indicate they are asking for over $C 600 Million.  This is my understanding and suggest you check this out for yourself as I have no way of knowing if this is correct and do wish to mislead anybody.  Would appreciate your followup comments. 

[drd8]

Its around $550 million. Risk-reward is compelling at this price. 

[EVAN963]

Service purchase order from CNOOC Date: 2019-09-10 LS 36-1 Gas Field Terminal Treatment Plant Reconstruction and Expansion Project Technical Research Consulting Service

[mike49]

Nice double off the low. I suspect might even creep nearer a dime approaching arb decision. If decision goes well then wup wup.(look back to last award) If this goes against peh, good luck for the defending parties doing business with aim/nysx/tsx listed entities again and,I suspect, banko for peh. politics plays such a large role- hard to gauge where arbitrator  comes down. Imo, on technical