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[masarap] 02/5/2016 23:59

I had this reply from Richard Graham :

As indicated in my previous e mail your MP is taking this up on your behalf.

As I also indicated it is not simply enough to state your interpretation of a situation: you need to convince the British Embassy in Jakarta.

If you are implying that all British commercial activity in Indonesia should cease because of one company's issues I'm sorry but that is nonsense and unenforceable anyway.

Business has problems in many countries and, where appropriate, the government gets involved in trying to resolve them.

Your MP will, as he has already said, look into the government's view of the problem you raise - it isn't at all clear from your mail whether you have raised it with our Embassy - and there is no need for any further e mails to me.

Best regards
Richard

[masarap] 02/5/2016 23:57

From RG 27th April

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.

Best regards
Richard

[masarap] 02/5/2016 23:55

Some great posts and links on here today. Here's my latest correspondence with Richard Graham MP the PM's Trade Envoy to Indonesia. He has instructed me to stop writing to him and I will oblige. The next stage is to engage the press to ask Mr Graham, Lord Price at the FCO and the Prime Minister the questions the PM's Trade Envoy for Indonesia is running away from. Unfortunately, I find his response astonishingly poor, unacceptable and, from his perspective, highly embarrassing.

[bobic] 02/5/2016 23:08

Experience person can tell this person is telling lies by his appearance;
Lets have a look after dec 2015 what happened
placing to raise 800k
Roi refused to pay fees
CHL ends up paying for both
Directors raise 300k to buy CHL shares
Canberra letter to Ausses treaty commity

These are strong reasons why DIR believe we are going to win authentic case.ROI knows theyve lost thats why doing a RUNNER.......

[daddy warbucks] 02/5/2016 23:02

We may get some news on Friday when the General Meeting is being held. An update on the dispute would be nice rather than "all resolutions were successfully passed".

[neo26] 02/5/2016 22:52

they havent won yet, this can still take years to win...

The question ROI need to ask themselves is do they want to ruin their future by just not paying a couple of hundred million to chl.

[oggyrocks] 02/5/2016 22:44

Dilly ding dilly doing. Chl vrs roi Sometimes the small ones win.

[neo26] 02/5/2016 22:43

icsid still need to make an ruling on the authenticity of licenses, all evidence was presented by dec 2015, so this should be due now...

[daddy warbucks] 02/5/2016 22:29

Thanks for the reply.Churchill have said they are fighting the LSE allegations and therefore must have some form of evidence to refute them.I haven't checked the LSE website for a while to see if this matter has been dealt with, although you would expect an RNS from Churchill if it had.

[stephen1946] 02/5/2016 22:26

Primarily, right or wrong on the distinct possibility that the latest events will bring the conclusion much sooner than anticipated, and the payment, if successful, is likely to be considerable.
All very much in the air, thats for certain but these things do tend to have a mind of their own and generally defy logic.
Plus the way ROI are acting it appears they are losing the will to live.

[neo26] 02/5/2016 22:18

stephen1946

for what assumption are you banking on a 15p jump in the morning?

[andy] 02/5/2016 22:09

Daddy Warbucks 2 May'16 - 11:02 - 24457 of 24464 1 1

Andy

Could this be the reason why they were brought before the LSE for alleged rule breaches?

-------

I suspect it is, and now it is confirmed in the PDF.

I don't accept "confusion", if they were told the licence had been revoked then surely they should have suspended until the situation was clarified? And informed the market why. It is very significant and price sensitive.

I suspect a participant in that placing may well have been peeved, you would have been, and me too!

And why complete the purchase of land at the port of they had been informed they had lost the licence? Why not wait?

[debbiegee] 02/5/2016 22:09

pathai3 this is your 4th post on chl and the 2nd time you have told me to cut out the rubbish.
If you think you have the right to be rude to me your wrong.
There are plenty of other chl threads where you can post because I wont argue with you and I only have the choice to moderate or ban you.
Times are too important to waste time reading rudeness or petty squabbles.

[daddy warbucks] 02/5/2016 22:01

PatPlanet is an Australian based subsidiary of Churchill and is 100% owned by that company.I may be slightly confused over the next bit, but I believe both Planet and Churchill needed to put in a request for arbitration to the ICSID, through the UK BIT (Churchill) and Australian BIT(Planet) to get the case heard.They were registered as cases 12/14 and 12/40 and were lasted amalgamated as one hearing.This is the reason why David Quinlivin has written to the authorities in Australia, concerning the violation of their treaty.Hope this helps.

[frak] 02/5/2016 21:20

Will be very interesting! Meet Joko in London, sign up $19B+ in deals and a few weeks later have to condemn him for executing UK nationals..

Who'd be a Prime Minister?

[pathai3] 02/5/2016 21:17

Really FRAK i think not sadist

Indonesia second favorite investment destination in the world
Selasa, 3 Mei 2016 00:42 WIB | 299 Views



Jakarta (ANTARA News) - Bank of Indonesia has said that surveys from several global institutions have shown that Indonesia is the second favorite investment destination after China.
"This January, Indonesia emerged as the number two among favorite investment destinations, after China," the manager of the Department of Communications, Bank of Indonesia, Oikos Mando Panjaitan, said here on Monday.
He said one indicator of Indonesia being the investment destination was the extent of realization of investments, which rose by about 15 percent from last year, followed by the fact that employment also increased.
In addition, foreign and domestic investments last year also increased, each by more than 10 percent.
Globally, Indonesia continues to increase its competitive rating.
Panjaitan mentioned that the World Economic Forum (WEF) considers that the performance of Indonesia has been improving in terms of strong law enforcement on corruption, ease of doing business and attracting direct investments.
Indonesia is also becoming increasingly attractive as a global investment destination due to the structural reforms ushered in by the government and relevant authorities. As a result, international confidence in Indonesia is becoming stronger and stronger.
The Indonesian budget reform was also assessed positively, supported by an increased budget for infrastructure.
"We have been carrying out budget reforms consistently, and have lowered subsidies and increased infrastructure budget. These have made the international community believe that Indonesia has good prospects ahead," Panjaitan said.
He also stressed that the government is serious about structural economic reforms to elevate commodities- based business to the level of industry.(*)

[weegeordie] 02/5/2016 21:17

Is this a new pat I wonder?

[baxter99] 02/5/2016 21:05

Even so, there is still the Crystallex effect which came late on Friday afternoon.

Maybe an interesting day tomorrow.

[frak] 02/5/2016 21:03

Possibly the biggest UK/Indonesia related news next week will the be resumption of executions. We'll find out if Linsay Sandiford is on the list! When it happened to two Australians last year the Aussies withdrew their embassy staff! I wonder if David will do the same?

[pathai3] 02/5/2016 20:51

it a direct link debbiegee or there is something wrong with your pc twitter is not even there anywhere.
What are you talking about the link goes direct 2 the article and it opens perfect cut out the rubbish please its fact in black and white.

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 ...

[fidra] 02/5/2016 20:00

total tosh!

[stephen1946] 02/5/2016 19:50

Yes, chl are the aussie outfit and the government of australia dont like their guys getting shafted in violation of treaties that are there to protect them. The gov. In Canberra made a statement to that effect today. Tues should be very interesting.

[patviera] 02/5/2016 19:43

Thanks StephenIs there a case vs Roi involving an Aussie firm?So chl up tmrw?