I have an investment in ASX listed PDZ a mine developer in Poland , their mine was expropriated by the Polish Govt , Australia has a bilateral investment treaty with Poland which PDZ is basing its claim for compensation from the Polish govt, however I can not see after googling a similar bilateral investment treaty between Ghana and Australia .
PDZ is claiming the Net present value for its mine , plus development costs
PDZ has put in place a litigation funding agreement similar to the following company Kingsgate
Kingsgate is in a more advanced stage with its claim over the expropriation of its Chataree mine in Thailand .
I suspect , PDZ and KSG will all in the end get compensated and possibly RSG providing there is some form of international arbitration that Ghana has signed into with Australia .
If Ghana failed to pay I am guessing it would be terminal for their credit ratings so put them in junk bond status .
As mentioned by poster JID I wonder how much influence the Chinese interests have had on Ghana politicians
News: RSG Resolute Mining Says Mining Lease For Bibiani Gold Mine Terminated, page-47
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