Fox Marble Share Discussion Threads

[yuqin24] 09/1/2021 13:26

oooo tank yu tank yu

[glennborthwick] 09/1/2021 13:17

I think you knowMore than the English people.

[yuqin24] 09/1/2021 12:59

I done understand your engrish?

[yuqin24] 09/1/2021 12:53

say again pleas?

[glennborthwick] 09/1/2021 11:58

Sounds like you know more than I'm based people. https://www.foxmarble.net/announcements/2019/9/4/fox-marble-launches-195m-international-arbitration-claim-against-the-republic-of-kosovo

[yuqin24] 09/1/2021 09:49

Why they no take e case??

[yuqin24] 09/1/2021 09:46

Anyone know what heppen with lawyers Stephenson Harwood LLP??

[captain_kurt] 16/12/2020 12:48

Apparently all the cheap shares have gone. Good punt at these levels

[pugugly] 16/12/2020 08:47

Well done getting the placing away at 1.6p - Not for widows and orphans!!! The litigation funders - I wonder what interest rate they are charging which they only get paid if litigation is successful? After Denton's fees and the LF's fees I wonder how much will be left for FOX. Only thing (usually certain) in this area is that the lawyers get the first cut of everything. How soon before offer drops below the placing level?

[wolstencroft] 16/12/2020 08:43

czar that 99% argument is just nonsense, sorry but it really is. Dentons say themselves "in most instances, a third party (such as a litigation funding company) pays a litigant’s attorneys’ fees and other costs in exchange for an interest in the outcome of the lawsuit" No one will take this case on on that basis. The case is therefore weak. They have not got litigation funding through a third party. Chris has decided not to tell us if Denton's are self-funding any of the case. It seems not to me "The Placing (as defined below), the Litigation Fund and the fee arrangement with Dentons are collectively expected to cover all costs"

[andy] 16/12/2020 08:27

czar, Surely Dentons take on cases for the fees? If the case was "99% certain", why would the other side contest it?

[captain_kurt] 16/12/2020 07:17

EUR 195Million vs current market cap

[czar] 16/12/2020 07:15

This is better than selling marble. On 4 September 2019 Fox Marble launched United National Commission on International Trade Law (UNCITRAL) arbitration proceedings, against the Republic of Kosovo for damages in excess of EUR195 million, as a result of the failure of the State to protect Fox Marble's rights over the Maleshevë quarry. Chris Gilbert, CEO commented : "I am pleased to announce the appointment of Dentons Europe CS LLP to represent us in legal proceedings against the Republic of Kosovo. Dentons is the largest law firm in the world by number of lawyers and the 6(th) largest by revenues ($2.3bn). Dentons would not take this on unless there is a 99% chance of winning and this claim is for 30x the entire market cap of Fox, 60p a share!

[andy] 06/12/2020 21:00

Cap'n, Not sure why you deleted your post, nothing wrong with it in my opinion. I was going to reply, that we simply don't know who the good guys or the bad guys are in this case, we can only guess. We might think we do, but in reality we will have to wait for the court case or OOCS.

[andy] 26/11/2020 13:40

Pug, All gone quiet on all the fronts recently, a bit like the Brexit talks, after all the posturing, all of a sudden, silence. The last mention of any kind was when TW did an interview with CG trying to highlight the court case potential for investors to make money, which looks a little like they have nothing else to promote. I remember Oxus and CHL, no such thing as a slam dunk when you take on a country in the courts. Any recent news from Kosovo guys?

[pugugly] 26/11/2020 12:45

3 month breakout down at 1.65 mid (e&oe) - Now is there a sell tip out there or just holders cutting losses ? No news since the results of the AGM.

[haroldthegreat] 05/11/2020 20:22

the people with inside information appear to have disappeared . perhaps they have realised that Mr Panama knows who they are ? Mr Pananma also has gone quiet !

[haroldthegreat] 05/11/2020 20:19

clocktower a % of something is better than !00% of nothing and expenses in getting zilch ! imho

[pugugly] 05/11/2020 15:53

Kosovo president resigns as war crimes indictments against him are confirmed -Reported by FT -- Implications - if any - for FOX? Also ex BBC News and link https://www.bbc.com/news/world-europe-54822789

[andy] 23/10/2020 13:49

Tom and share price are really promoting this, now Hot Stock Rockets, which is a connected site, is promoting it too! They've had a few attempts but the history here seems to be deterring people, IMO.

[philby1] 17/10/2020 11:33

captain_kurt, HSR is a subscription site so I prefer not too. Sorry.

[clocktower] 17/10/2020 10:43

If they do get a win, the legal team that have carried a good part of the risk will take around 50% of the award, so it is anyone’s guess what the net result could be.