Cloudified Share Discussion Threads

[p@] 27/4/2016 11:53

Good point Reesy.

[reesyheli] 27/4/2016 11:33

Masarap

I've not commented so far but thanks for your efforts so far.

I would have thought a direct approach to Jeremy Corbyn or whoever the shadow minister is would be your best course.

There's nothing the opposition appreciate more than a chance to embarrass the government possibly at PQT

The important thing is to be seen to expose Mr Graham for his general uselessness rather than be seen to "damaging Britain's trade agreements" which is how he'll try to portray it.

[nav1000] 27/4/2016 11:31

I think 200-300m + legal fees would be an good amount.Does anyone know if nusantra are working currently in the area?

[debbiegee] 27/4/2016 11:19

And should they dispute the $1.3B as Quinliven said he would have the chance to come back with a higher valuation as stated in the presentation in the header.

But Im not greedy and just want a fair payout if we win.

[stephen1946] 27/4/2016 11:14

When Noor failed to appear at Tribunal his evidence was expunged from proceedings.

I would assume now ROI have left the proceedings, should they fail to re-appear, their evidence will also be expunged, even though the tribunal rules do state that non appearence does not mean that all of CHL testimony will be treated as proven.
ROI would of course lose the case and as long as chl can prove their quantum figure, game over, pay me and other shareholders.

[neo26] 27/4/2016 10:53

i know the company doesnt want the license back,like someone said here the valuation for coal was estimated with the figure $46 current price of coal is $50. SO how come they are implying its uneconomical?

This is going to be an interesting case.. Im convinced they will win the forgery case, interested to see what the tribunal finally orders on form of payment..

[ohisay] 27/4/2016 10:49

Its just the usual bluster from ROI - Northland only had it uneconomic at sub 35$ and a discount rate >12%.

[debbiegee] 27/4/2016 10:43

We should be compensated for what it was worth when they revoked the license.
The price of coal and the value of the asset today does not come into it.
We also do not want the asset baack.

[patviera] 27/4/2016 10:38

Agreed18 looks like a great levelOnly 5 weeks till we hear from tribunal

[neo26] 27/4/2016 10:35

wait, are the roi claiming the resource is uneconimical now?

So why didnt they give back the licenses rather than go through this costly tribunal and waste millions of dollars. It doesnt make sense...

With regards to $1.315b hows that number come if the resource is worthless.....

[stephen1946] 27/4/2016 10:03

Masarap and others, any contacts made from this point, i would respectfully suggest ask the questions, why did government meet with Roi whilst they are in breach of international treaty? Why did government suggest other british companies should follow in chl footsteps if they the gov will offer no support in the event of difficulties? Why did british gov reward roi for its flagrant disregard for proceedure. The other salient point is the absence of any government comment regarding CHL or OXUS, does this signal to british sharehlders that their plight in times of corruption,bullying,state theft,false imprisonment and blackmail are matters that shareholders should take up with their local MP?

All this from a government that encourages shareholders to invest in the aim market.

[flyingc] 27/4/2016 09:51

First class work Masarap - well done. It does defy belief that he is taking taxpayer's money as a salary, but as soon as something awkward comes up that is foursquare within his sphere of responsibility he can't get rid of it fast enough.

I'll bet if what was required of him came with freebies, schmoozing, an all expenses paid trip to ROI and the possibility of political gain / career advancement then he would have been elbowing everybody else out of the way to get to do what was being asked of him.

Shame on him - he personifies everything that is wrong with our political classes.

GL

FC

[patviera] 27/4/2016 09:40

AgreedBut the likes of Debbie will always get stopped out on falls as he is too big in this oneAs I told him from the start "only put in what you can afford"Shame as he will now miss out as I expect shares to rally soon and this is a good buying level

[debbiegee] 27/4/2016 09:38

I have to say even if it sounds cheesy that Im very proud of this thread and its posters.
Not 1 person has mentioned the price or the buys and sells this morning.
We have the most brilliant posters helping us to look after our interests in a constructive way and discuss the facts and share research and knowledge.

Masarap Just seen your post 3659 and I agree wholeheartedly and thankyou again !

[masarap] 27/4/2016 09:31

debbie, I think so, I intend to keep being stubborn and persistant on this as I think we have them cornered with such an absurd response :)

[p@] 27/4/2016 09:28

He comes over as a pompous ,the buck doesn't belong with me type.

Useless !

[debbiegee] 27/4/2016 09:18

It sounds to me that perhaps Mr Graham should take legal advise and may regard you as a thorn in his side now ?
Well done Masarap !

[theorb] 27/4/2016 09:13

Excellent questions Masarap, pity the responses, so far, are politicians typical evasive nonsense.

[debbiegee] 27/4/2016 09:11

Well said Masarap and thankyou !
Astonishing and alarming reply .
One has to ask what we have politicians for ?????????

[masarap] 27/4/2016 09:07

Mr Graham should of course have known that legal advice would have been taken before the RNS went out.

[masarap] 27/4/2016 09:01

My response:

Dear Richard,

Thank-you for your reply. I find your reply astonishing and it sets a dangerous precedent and seems an abdication of Government duty. This is not some private business contract but an International Treaty. The Treaty is of course not with me but it is ratified by Parliament and forms legal obligations between two nation states one of which you represent in Parliament. A stockmarket announcement has gone out to say that a UK Treaty has been violated and it's astonishing in the extreme that you concluded that it is for a member of public to take legal advice as opposed to a Governmental responsibility to look into it and act accordingly.

The Bilateral Investment Treaty with Indonesia is designed to protect UK business interests and surely it is inappropriate and irresponsible to be encouraging businesses to be engage with Indonesia without simultaneously trying to bring Indonesia into line or warning British business that the current BIT is being violated.

The public will surely be alarmed by the Government policy you have clarified, namely that legal scutiny of apparent treaty violation is not deemed a Governmental responsibility. Aside from neglecting to protect British interest with regard to this BIT with Indonesia, the policy you have outlined also raises concerns with regard to other treaties such as the Treaty on the Non-Proliferation of Nuclear weapons. Another public responsibility to pursue and take legal advice on if a breach is unearthed?

The Vienna Convention on the Law of Treaties (in force since 1980) defines a treaty as: ‘an international agreement concluded between States in written form and governed by international law, whether embodied in a single instrument or in two or more related instruments and whatever its particular resignation’.

I'll await to hear from my local MP for confirmation of the Government policy you have outlined.

[masarap] 27/4/2016 09:01

Mr Graham's reply :

"The short answer is that if you think a treaty obligation has been broken you should take legal advice on that point, and if your lawyers believe you have a case then contact the British Embassy and discuss the best way forward."

[masarap] 27/4/2016 09:00

An astonishing reply from Richard Graham MP, the PM's Trade Envoy to Indonesia, to my questions :

My Questions: Two final questions please before my local MP takes up the issue. Do you recognise that Indonesia has breached a UK Treaty? If so why doesn't this bother the PM and Ministers as exemplified by the fact that diplomatically 'encouraging' President Widodo to rectify the breach isn't on the agenda?

[tivoliworldgaming] 27/4/2016 08:28

Good to see the longs getting stopped out.
This share is not suitable for spread betting and if anyone is trying then they should of learnt the hard way a long time ago.