Cloudified Share Discussion Threads

[jamesss1] 19/4/2019 20:51

Jack1236 that's a good question however...ICSID has broken rules and set precedences that will go down in history..the world bank decided this one.

[jack1236] 19/4/2019 19:20

Andy

The answer might be that the ROI got away without having filed a defence document (the ROI's response to Churchill's claim); as a defendant you would be emboldened that you don't have to follow ICSID protocols; I'd like to find out if that has happened in any other ICSID case; I some how doubt it.

[andy] 19/4/2019 16:51

Judi,


"Better due diligence?
Better house keeping?
Better attention to detail?"

-------

Yes some good points.


When CHL were signing for the licences, (with nothing of value discovered at that point), maybe there could have been more DD, and maybe the ROI guys were just glad to see some inward investment and the signing of the documents wasn't properly actioned, possibly deliberately so just in case. But I'm not quite sure how CHL could have known that at the time. To a degree they would have been relying on their Indonesian partners surely?


Only when $3 billion worth of coal was discovered did a problem arise, and that was initially for "forestry breaches". Quite how CHL and their legal representatives allowed that to become a trial for fraudulent signatures is an explanation I would like to hear. It clearly went wrong at that point, they should not have allowed the case to deviate from the original issue, IMO.

[nico115] 19/4/2019 16:24

We are in administration ,James you are delusional if you think we will get any money back for our shares Our mines have been stolen It's an injustice but ROI have won ,its game set and MATCH to them I'm gutted but this is now a lost cause and we have all lost

[jamesss1] 19/4/2019 16:17

So are you supposed to get signatures analysed by professionals every time you're handed signed licences ha ha ha wtf am I actually reading here.This is gone,done!Nico/Judi it is evident that you have absolutely no clue what you're even on about.....laters kids x

[nico115] 19/4/2019 16:00

First correct thing you've posted In 5 years judi

[nico115] 19/4/2019 16:00

You have a point If you invest in these countries you dot the i and cross the t There should be no doubt in the courts that we raised money and bought the land and mines How it has come to this is a complete puzzle

[nico115] 19/4/2019 15:58

JamessHave u ever just wondered that maybe it's you that's delusional ?We have all lost all our money here yet you continue to write such rubbish Move on or this will take over your life Grow up and man up I've taken the loss,I suggest you do as well x

[judijudi] 19/4/2019 15:56

If you do business there then make sure you have everything 100% Kosher with zero room for being screwed?

[jamesss1] 19/4/2019 15:06

I can't believe what I'm hearing.

[jnbrw] 19/4/2019 14:58

Judi - how do you navigate through a corrupt system run through extortion by a bunch of self serving sycophants?

[jamesss1] 19/4/2019 14:56

Judi ...better due diligence???Do you even know what has gone on here?

[andy] 19/4/2019 14:28

Wulber,


That may well be the route they are intending to take.


At least that way the ROI can't get their mits on any of our cash, although not sure about the land at the 'port'.

[judijudi] 19/4/2019 14:26

Andy,
Better due diligence?
Better house keeping?
Better attention to detail?

[wulber] 19/4/2019 10:46

We were scewed by the system, end of.There is a compelling legal case (there always has been) but simply down to Pala now and what if any legitimate options we have.Lets see if we follow Gretton's lead in the same strategy of freezing the company by going in to admin and then pursue litigation as a private company as OXS did.

[andy] 19/4/2019 10:33

Judi,


Interesting comment,perhaps you could detail where you think DQ went wrong and what you would have done in his place?

[andy] 19/4/2019 10:32

Come on guys, keep the personal comments off the thread please.


Just agree to disagree, and keep it respectful.


Nobody gains by it and at the end of the day you demean yourselves.


Everyone is naturally disappointed at the recent news, but nobody here is to blame, we should direct our energies at those responsible.

[jamesss1] 19/4/2019 10:27

Too right he is.

[theimpatientone] 19/4/2019 10:12

jamess1 - He is the worst piece of human excrement on these boards and that takes some doing !!!

[wulber] 19/4/2019 10:03

Look at OXS Nico, same position as CHL now.I have held CHL for 7 years.Anyway, you ignore me and l'll ignore you, seems fair?

[nico115] 19/4/2019 09:42

Have you not read the RNS ?We are in administration Google what it means as you seem to have lost touch with reality Oh wait a Sec ...you were always a fantasist

[neo26] 19/4/2019 09:37

Wulber the signs are not looking good for chl.DQ lost control of chl and it's in the hands of administrators.

[wulber] 19/4/2019 08:56

I guess DQ nothing else to do here now so happy to see he has a new appointment.I hope CHL will be a repeat of OXS where they pursue retribution as a private company.We are overdue from the 8th April RNS stating CC provide an update within 7 days.

[judijudi] 19/4/2019 08:49

DQ and co should never have allowed CHL to get into this position in the first place
Very bad management
Only In my humble opinion