While the Armenian government is defying its own courts order to allow Lydian to construct its mine, Lydian is waiting to see what settlement it gets from the BIT arbitration it previously initiated. That is a slow slow process, and takes several years, but now that time scale is down to about a year +/-. Armenia had their chance to do the right thing. they chose the worst option - try to destroy the company....well we will see how that works out for them. $2 Billion settlement is theoretically possible, but the arbitrators in many cases only give half, or even less, of the actual worth of a mining property, say $750 million. Its ruling is final. There are no appeals by the company or the country. If the country does not pay up, Lydian can seize government owned assets. Just a matter of time, say 12 - 14 months or less.
Tribunal at the Additional Facility (AF) of the International Centre for Settlement of Investment Disputes (ICSID) arbitrates a bilateral investment treaty (BIT) between a company and a country.
756 Million shares
417 " " Public Float
If you use the full share count and a reward of $750 million, the each share is worth $1. Even if the reward is only half that, that would be $0.50/share
If you use the float, that again brings the share price to around $1 a share.
AI
