"So many questions around the strategy here, really wish the...

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Craniumx2

380 Posts.

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10/07/22

09:59

Post #: 62461027
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Originally posted by blister: ↑

this is so strange. I have obviously very limited understanding of the legals here, but in my reading the appeal is challenging the jurisdiction claim, despite the judge saying that even it it was in this jurisdiction they find no grounds for claiming the farmer dudes as a non-consulted "community".

So why fight to keep your case in the court that has already indicated its findings? clearly they want to keep this case at the federal level, why?

Does this not just seem like a delay tactic?

despite the company saying they can press on, they'd be mad to do so as it could just be wasted money.....

So many questions around the strategy here, really wish the company could speak speculatively as to whats going on.

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"So many questions around the strategy here, really wish the company could speak speculatively as to whats going on."

Reading between the lines, I think the Board is quietly confident this issue will be resolved satisfactorily. Which is why they are pushing on.
The reason we have this Board in place is because we shareholders trusted them to conservatively manage this asset instead of the cowboy approach that was costing us heaps in constant capital raising done by the previous board.
I trust them - not sure I have 100% faith in the Brazilian government and legal system though.

AGR Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
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