@DeepValuePlay@BATMongoose @cosmoviking Not an expert, but it might that they need to go back before the judge to get the final result. Is the NAFTA court in vacation ?
$OMEX
Earlier this month, mngt was notified by the NAFTA arbitration tribunal that a decision in its case versus Mexico had been reached. An announcement is likely to come by the end of June, possibly slipping into early July...
$OMEX
Earlier this month, mngt was notified by the NAFTA arbitration tribunal that a decision in its case versus Mexico had been reached. An announcement is likely to come by the end of June, possibly slipping into early July...
$OMEX
Earlier this month, mngt was notified by the NAFTA arbitration tribunal that a decision in its case versus Mexico had been reached. An announcement is likely to come by the end of June, possibly slipping into early July...
$OMEX In May 2024, OMEX received a payment of ~$9.4 million arising from its residual economic interest in a shipwreck project and intends to use the funds to repay maturing debt, as well as to fund company operations.
@HowieHubler New doc on OMEX website, there is that line in the doc :
...an arbitration tribunal decision in favor of the Mexican government would still remove approximately $52 million in liabilities related to litigation funding from the company’s balance sheet and income statement.
@shaqer23@thebankzhar The outside lawyers representing $OMEX are so confident that they will prevail that they bought lots of stock in the open market.
I like people who have skin in the game.