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Sure looked like somebody knew what they were doing to writeup that international legal settlement. It's pretty complex, and quite informative.



My take-away synopsis:

Looks like the private public project really may go as far back as the 1970’s. The BMCR info on the internet just display a "404-page not found message". The Pakistani’s did not accomplish any work over 50 years. The American’s and Canadian’s didn’t too much either. Some exploratory work, a few core drill samples done. When Pakistani political leadership changed, the BMCR got thrown out, and looks like the contracts started to be in some documented form, if there were any documented agreements of any prior date.



In 2019, to make a long-story short, the Pakistanis wanted the Americans, British, and Canadians etal. out, and wanted the Russians, and Chinese in. They either never paid the first mining group, or at least no funds exchanged after 2011. They all made out like bandits over that 50 year span, for doing essentially nothing. See how much monies really exchange hands between the Chinese, Russians and Pakistanis over the next 50 years. Looks like around $600,million may have got distributed and redistributed through the ICSID. The international attorneys, and expert witnesses, for both claimant and respondent sure got a lot of payouts this year. Is attorney Sachs a close relative? Looks like he got over a million.



There may be a new contract pending for the Chinese for possibly 4-Billion, see if it gets let. See if any information is available on the internet about the contractual agreement, and costs, and payouts, over the next 4 years or so. See if any real mining project really gets developed, seeing as there may not be enough water access for any real mining operations, ever, even if there is a real gold cache there.



Seeing, as Pakistan never even allowed any land rights, water rights, nor any real activities to the Mining Group, it will be interesting how much the Chinese and Russians accomplish over the next 50 years. Really seems to be more of a vanity project, or a cover for fund flows, legal, or illegal, especially due to infighting between Sunni and Shiite, a gang warfare split that has been an ongoing battle zone since the death of Muhammad in the 600’sCE. Pakistan is pretty much the line drawn in the sand that divides the two polarities. The struggle is constant.



https://www.pakistanfront.pk/reko-diq-mines-why-chejva-is-illegal-ceased-by-sc-of-pakistan/



That’s a pic of what that mine project looks like in 2019, after approximately 50 years.



Back in the 80’s, when I flew into a Mine development Project in the US. I got to fly in on a nice private little aircraft. I was the only passenger on that little aircraft. It was fun. There was nothing there other than the bare land, and a gravel road. In less than 2 years, that mine was operational and ore was being processed. 120-ton trucks freighted in, power lines in, power grid up and running, housing built. We even used computers. It was kind of like a military operational field assignment that got results. Project Management teams can accomplish some real action with real results. Project Software, Surveys, Assessment studies can also be a total waste of everybody’s time. That was when Reagan was president. The mine was shut-down in about 2 more years. It was a pretty good, and pretty big project.



I can emphathize with the Pakistani’s but that’s about it. If they couldn’t accomplish something real with or without outside help, doesn’t say much about anybody’s work effort on that project. I wonder if that article and photo stay accessible on the internet to be viewed by the general public.



See how much Pakistan’s leadership like the Chinese and Russians. Depends on who gets the take-aways, I guess.



Paras. 1487, and 1488 are pretty intriguing in your court case hyperlink, so is modern DCF method analysis of the price projections, and of course the final accounting of the payouts.



Thank you for the opportunity to express my opinion, I appreciate it. It was a great read.