Just a comment made about Legavi by one of the solicitor / barristers during the last Court hearing. I was listening very closely and my ears pricked up.
The arbitration timing is just a guess. Previously it found arbitrations typically have 9 steps. I now figure in light of yesterday finding about the possible Blades partnership - Viking Energy and ... , Blade will be in a greater rush and Raisama will quicken up as well.
Both Blade and Raisama need to be very mindful the whole project can be taken off them. So they had better show some respect to the country of Philippines. I dont ever want to be hit by another sovereign risk thing again. ie Chalice Gold in Eritrea.
I have purchased over the last few day. I think my average purchase is still around 7 cents. Note there may be some positive news in the month of Sept. just to appease the Philippines that progress is happening. When is the expire date in which a further extension is needed. 30 Sept ?? - anyone?
Neither Blade nor Raisama will back down until the arbitrator makes his decision. IMO
RAI Price at posting:
2.2¢ Sentiment: None Disclosure: Held