Appeal Orders, page-58

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shane.hardy

3,012 Posts.

21/03/16

18:56

Post #: 17330749
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Originally posted by guspoyet ↑

Remember the Government were also in court today... effectively the court case has ended for them.... in some respect this is a victory for them, perhaps this is why the PM has mentioned opened to work with the stakeholders.

The responsibility/problem of what the Government did in terms of providing AVQ with a LOI or not revoking SMM's numerous LOI's looks resolved.

My hope is that this commentary of the PM is about laying a level playing field, and in a sense sets everything back to zero for THEM. Considering the aid and other relationships they must look after with Japan it is understandable that the PM tries to end the discussion and move onto the next step.

The key thing here is the landowners loyalty and the amount of time the re-tender would take. My feeling is the loyalty is there but the time it may take I have no idea. Time is a problem then... landowners IMO should be OK.

My read has always been that something was lurking (just for the reason why SMM were fighting for so long) ...but for the LOI to be deemed OK in earlier trials and then thwarted at this late stage was highly unlikely on my radar. I can only feel that they must of erred on the side of the landowner/Government perhaps?

Either way I am hoping that the re-tender process is open for AVQ and is quick, the landowners are legally secured and SMM and the Government keep out,

hmmm, DYOR

Gus

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That sounds ok Gus HOWEVER the court of Appeal was not entitled to determine a re-tender Their position was only to either Uphold the SMM appeal or Dismiss the appeal ...the APPEAL was based on Browns Judgement nothing to do with should they be ordered to Re-tender....so i find the whole Article a bit vacant and lacking any detail and in any event the ASX and share holders should be Hearing it from Axiom FIRST not an NZ news paper........my opinion also my opinion the Prime minister of the SI has a personality of a Dial Tone if referring to Axiom as not being Reputable your kidding,.....cheers

AVQ Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
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