DNI's Time Is Up!
* See CGM's ASX ANN of 11th Dec 2017. Specifically, key LCIA date of 7th Dec 2017.
* Now Reference LCIA Rules:
http://www.lcia.org/dispute_resolution_services/lcia-arbitration-rules-2014.aspx#Article 1
* See CGM's ASX ANN of 19th Dec 2017.
* DNI's 28 days, being Thursday 4th Jan 2018, to respond is Up!
Note: From LCIA Rules: "2.4 Failure to deliver a Response within time shall constitute an irrevocable waiver of that party's opportunity to nominate or propose any arbitral candidate."
* Did DNI respond? If so, what are DNI's Counter Claims? Has CGM filed a Response? Details?
* Either way, CGM should advise shareholders of DNI's response or lack thereof. Keep shareholders fully informed of this critical action.
Watch this space.