IDA indiana resources limited

Market may be asleep on this, the ICSID has suspended the...

  1. 210 Posts.
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    Market may be asleep on this, the ICSID has suspended the annulment request by Tanzania pursuant to the parties’ agreement. Also, it appears Tanzania did not pay the $125,000 advance for the annulment proccess as per the news from yesterday:

    "Tanzania has failed to make the required payment to ICSID of US$125,000 towards the initial advance required for the annulment process. If Tanzania fails to make this payment the annulment process may be suspended"

    These two data points may imply that a settlement on the Award is getting closer?
 
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