Cloudified Share Discussion Threads

[debbiegee] 02/5/2016 09:47

pathai3
Very interesting thankyou for posting.
To read the full article it goes into a twitter feed which I cannot access.
If anybody could access and copy it would be great Thanks

[carcosa] 02/5/2016 09:44

Full document here:
Interesting that they state "At no point in the ICSID proceedings have we or any of our fellow directors perceived that having the protection of the Australia‐Indonesia BIT, or the ISDS mechanism in it, has given Planet (or Churchill) any substantive advantage over Indonesia"

[pathai3] 02/5/2016 09:25

Churchill Mining Plc (CHL) David Quinlivan Managing Director
2nd May 2016

The Committee Secretary Joint Standing Committee on Treaties PO 6021 Parliament House Canberra ACT 2600 Dear Sirs, Joint Standing Committee on Treaties Inquiry regarding the Trans‐Pacific Partnership We write on behalf of ...

[pathai3] 02/5/2016 09:25

Churchill Mining Plc (CHL) David Quinlivan Managing Director
2nd May 2016

The Committee Secretary Joint Standing Committee on Treaties PO 6021 Parliament House Canberra ACT 2600 Dear Sirs, Joint Standing Committee on Treaties Inquiry regarding the Trans‐Pacific Partnership We write on behalf of ...

[debbiegee] 02/5/2016 07:39

weegeordie.
I agree they have more than enough to pay us out but I was thinking of the possible lawsuits that could follow our claim if we were successful ?

[debbiegee] 02/5/2016 07:37

[sometime last week ]

More for the war chest ?

2nd time we have seen they are going after Suharto family who are related to Prawabo .
He is married to the daughter [I think] so it looks like this is the brother in law.
Jokowi has had a tough battle in politics lets hope he is finally making progress and can finally tackle the Suharto family and their regime.

Anybody who has never heard of Suharto family or regime please google !

[weegeordie] 02/5/2016 06:45

I don't see that since they already supposedly have a rather large fund set aside for such claims.

[stephen1946] 02/5/2016 04:39

Debbie, My thoughts exactly, ROI do seem to be trawling around to gather as much cash as possible, maybe for pay off's?. Thank you for posting it.

[debbiegee] 01/5/2016 23:04

30.4.16

Is this the article you refer to Stephen ?

I think if Roi settled with us there would be a queue of other miners with revoked licenses looking for compensation as we would set a precedent ?
Perhaps thats why they have fought so hard/rough against us to shield themselves from the inevitable domino effect that our claim would produce.
It could be wishful thinking but perhaps they are arming themselves with $42bn for the inevitable ?

[neo26] 01/5/2016 22:36

stephen1946

"market maggots" lol..

The city boys do get heads up when an rns is on the way, they have thir sources.. For all we know there maybe an "holdings" rns out come tuesday, mm;s are just as much speculating as we are hoping the next news is positive.

Releasing an rns i assume will have to go through a number of stages with the lse, maybe crossing the "red tape" word does travel...

[neo26] 01/5/2016 22:30

Masarap

thanks for your detailed summary.

The evidence is overwhelming that CHL licenses were not forged. By defaulting on a tribunal payment and then going AWOL ROI know they are on the back foot. Lets say for argument sake CHL win the forgery case, so this will imply that ROI took the licenses off them unlawfully. With the attitude the Roi is showing the tribunal do they possibly believe they will win?

If ROI DO lose the authenticity case, it would be in their best interest to negotiate compensation package with CHL, rather than go all the way. Im sure the board will accept something less than half of the $1.3b.

[patviera] 01/5/2016 22:05

Yes Stephen the city is one big leakIt's disgracefulI'm still positive hereBut at 18Settles at 25 early JuneThen 0p or 60p

[andy] 01/5/2016 21:36

stephen,

Yes very true, retail investors are a long way down the food chain.

[patviera] 01/5/2016 21:11

After daddy!!She bans me but reads all Br posts all day every dayHe holds no shares and I have equiv to 1.7m!!He is a silly girl!!Daddy pm me I tell you more!!

[qut] 01/5/2016 20:41

Great recap Masarap - unless there are some hidden nasties or the ICSID come to an illogical conclusion, it confirms CHL are well and truly in the driving seat

[stephen1946] 01/5/2016 19:40

Debbie, i am unable to reproduce an interesting piece in jakarta globe regarding repatriation of $42bn of overseas assets due to a tax amnesty.

The inferences to be drawn from that are obvious. The whole article is fascinating, can i ask you to look and offer your view.

[stephen1946] 01/5/2016 19:17

Before, because the market maggots will have this priced way up prior to the official announcement, anyone who thinks the maggots wont know before us belongs in a disney cartoon.

[daddy warbucks] 01/5/2016 18:43

What's the odds?Before 20/1After Odds on Favourite.

[pb01] 01/5/2016 18:32

Some excellent posts today. Brightens up a rainy NW.

[stephen1946] 01/5/2016 18:26

I think even the market maggots are starting to believe this is nearing a conclusion and that chl appear to be in the right. Whether that proves to be worth the whole claim remains to be seen, but 20p ish is looking very cheap.

[baxter99] 01/5/2016 18:24

I have an idea for a wager - Will Pat get over Debbie banning him from the other thread before or after ICSID rules on the forgery?

[stephen1946] 01/5/2016 18:22

Very well done weegeordie, top marks.

[weegeordie] 01/5/2016 18:01

This from Annex B of procedural order 16

7. Resp. All photographs of
Ridlatama’s meetings with
East Kutai officials which
took place from 2006-2010.
According to Mr. Benjamin,
“[a]t each stage of the EKCP
project, PT ICD and
Churchill oversaw
Ridlatama’s interactions with
the Bupati’s office … and
collected evidence, including
by taking photographs in
some instances, of the valid
issuance of the licences”
(Benjamin WS, ¶ 15(a)).
The requested documents
are relevant and material to
Claimants’ assertion that
the issuing of the mining
undertaking licenses were
photographed in some
instances.
The Claimants will
produce any such
documents that are in their
possession, control or
custody.
Respondent understands
that Claimants produced all
such photographs that they
have. The photographs are
identified as relating to the
period of March-April
2009 only.
NO DECISION
REQUIRED
The Tribunal takes note
that the Claimants have
produced all responsive
documents in their
possession.

This from Annex A of procedural order 18
2. Resp. Document No. 7 in the
Kurniawan List.
The requested documents are
said to be photographs of
members of the Ridlatama
team taken on 27 March
2009. Claimants have
produced several
photographs from that date in
response to Respondent’s
Request No. 7. According to
Claimants, they are from a
meeting between
representatives of the
The photographs are
relevant and material to
Claimants’ assertion that
the issuance of the licenses
were photographed in some
instances. While the
photographs produced
under Respondent’s request
do not evidence issuance of
any licenses, there is no
reason to withhold selected
photographs of the same
These photographs are of members of
the Ridlatama team alone. No Regency
of East Kutai (or other State) officials are
pictured, and the scene of the
photographs is a car-park.
These photographs are neither
responsive to State DPR Nos. 1-22, 24,
27, 29-35, 37-40 or 43 nor relevant or
material to the document authenticity
phase.
Respondent notes
that while
Claimants produced
a number of
photographs that
are said to be dated
27 March 2009,
Claimants are
resisting to produce
selected two
photographs from
the same date.
NO DECISION
REQUIRED
4
1. 2. 3. 4. 5. 6. 7.
No. Req.
Party
Documents or
Category
of Documents
Requested
Relevance and Materiality Responses/ Objections to Document
Request
Reply to
Objections to
Document
Request
Tribunal’s Decisions

I think it may precede Noor's appointment.