In today’s briefing:
- Tanzanian Reset And Indiana’s Arbitration
- Pointerra Ltd – Q4 Cash Collection Hit by Short-Term Delays
Tanzanian Reset And Indiana’s Arbitration
- Back in 2018, mini-exploration mining play – rare earths, gold, and base metals – Indiana Resources (IDA AU) had its Tanzanian retention licence revoked. With no compensation.
- Indiana pursued its claim through the World Bank-backed ICSID’s tribunal, which subsequently ordered the Tanzanian government to pay US$109.5mn in damages and costs, versus Indiana’s current market cap of US$21mn.
- Not surprisingly, the Tanzanian government is pushing back on the claim. The question is whether Indiana will ever get paid. And Indiana’s not the only company seeking revocation retribution.
Pointerra Ltd – Q4 Cash Collection Hit by Short-Term Delays
- Pointerra Ltd (ASX:3DP) provides a powerful cloud-based solution (Pointerra3D) for managing, visualising, analysing, using and sharing massive 3D point clouds and datasets.
- Pointerra3D is a proprietary digital twin SaaS platform which delivers predictive digital insights and definitive answers to complex physical asset management questions.
- The Pointerra3D suite of solutions spans target sectors including survey and mapping; architecture, engineering and construction (AEC); utilities; transport; resources and defence and intelligence.
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