Can Pak Army save Pak from Australian Aggression??

[Jhon Smith]

...
Can Pak army stop greeedy Asutralian engineers to dig the gold from Pak??
Austrlain cricket team or any one are not willing to travel Pak as they have so much fear to death, however Asutralian Rich engineers are willing to live there lives in Balochistan.. For sake of money..

Magic mountains: The Reko Diq gold and copper mining project
Maqbool Ahmed
Updated about 3 hours ago
31 COMMENTS
PRINT

The Reko Diq project site | Courtesy Tethyan Copper Company Pakistan

The land of black sand once expected a gold rush. Its residents were happy to help anyone willing to put in money required to dig up the precious metal from under their feet. Close to quarter of a century later, however, they are still waiting.

 

[AZADPAKISTAN2009]

-RETRACTED STATEMENT

 

[pakdefender]

Good point -> no security concern for digging out the gold and copper from Pakistan but security concern for sending cricket team

Wow thank you , did not knew Australian were helping with such wonderful work in Pakistan nice to see contribution from Australia to help develop mining

They have sued Pakistan and World Bank might rule in favour of Australia

 

[AZADPAKISTAN2009]

Well after reading a bit about this case/issue

The summary of the issue is

Someone did a deal with BHP in 1999 (Origional Agreements )

"CONDITIONAL Contract demanded the company develop fields in 5-8 years in 1999, Full fledge development, not just feasability studies or 5-7%: They failed miserably "

BHP sold their stake to TTC (When people demended answers to performance)
(Pakistan objected to this transfer and objected to one sided ammendments) - Contract nullified at this point , The state of Pakistan did not recognize TTC as partners in business )

• Technically from Pakistan's side the ammendments done to origional contract were not acceptable, and this was reviewed by Supreme courts and they deemed the agreement Nullified

• Supreme court has to check if changes made to contract are legal or not, that is why we have courts to look after such items

• TTC sold their stake to Barrick Gold and Antofagasta. They technically sold them a paper or agreement which was already nullified by Pakistani Government

• Nothing done on Site till 2008 , no impact by Gold / ntofagasta

"Ammendments were done to origional contract" discoverd by Supreme court of Pakistan after it was signed in 1999. This was deemed illegal by Supreme court of Pakistan" Important note Supreme court of Pakistan found "Ammendments to origional agreement was illegal"

Province was against TTC . So they logged a case in court Supreme court of Pakistan. The contract as a result was "Nullified". Due to "ammendments to origional contract which was illegal"

The new company TTC or Barrick Gold and Antofagasta were never granted a licence to excavate in Baluchistan


So technically Pakistan does not owes anything because the deal was "Nullifed" due to objection by Provincial authorities to the deal , which is legal right of Pakistan. Also Supereme court stated Ammendments are not aggreable the contract is VOID

• Can't Ammend a contract without Supreme courts agreement from Pakistan side

• The deal is not recognized if it is nullified by Supreme Court of Pakistan

Actual Parties (Pakistan / BHP)

• Pakistan/ BHP deal in 1999 (Agreed between Pakistan / BHP) VALID, Pakistan has to validate any change in agreement (Parliment/Province/Courts). Review if it is constitutionally ok for national level contract

"Conditional Approval was given that BHP only would develop the field in 5-8 years to full 100% capacity not 1-5%. When performance goals were not met the Contract was approaching cancellation for failiure to bring project to 100% capacity !!!! "


The problem started when Ammendments were made and shares were sold with out Pakistan's approval

Un Recognized Transactions from Pakistan's Legal System:

• BHP sold their stake to TTC (Ammendments not agreed by Pakistan: INVALID) Where is Supreme Court of Pakistan agreement on sale of shares? Did Pakistan issue no Objection letter?
• TTC sold to Barrick Gold and Antofagasta (Ammendments not agreed by Pakistan: INVALID) Where is Supreme Court of Pakistan agreement on sale of shares? Did Pakistan issue no Objection letter?

 

[marbella]

How Can Pak Army save Pak from Australian Aggression??

 

[AZADPAKISTAN2009]

We will do nothing , zilch and give Licence to local company to excavate the projects

Nothing is due unless the companies in question can show a Legal Approval and acceptance of tranfer of power /shares to new company and acceptance from Pakistan's Supreme courts

The land is in Pakistan , you need to produce

• Court Apporvals to Share exchange acceptance
  
• No objection letters from Local Provinces in Pakistan
• No objection letter from Supreme court of Pakistan for contract changes

The contract was nullified when BHP , sold their stake with out consent from Pakistan. The transaction between TTC and others their own private matter

 

[YeBeWarned]

WTF, i can here reading title assuming the Kangaroo plan on taking us

 

[AZADPAKISTAN2009]

Just a sensationalization of a no case , a Corporation can't violate local laws in Pakistan and start selling stuff on its own without consent specially if the other member in agreement is State of Pakistan.

Clear violation of Sovreign right of Pakistan to dictate who gets to excavate in Pakistan

All corporation shares and other matter are done in the state were the operation are for that

The moment BHP unilaterally sold its own shares to third party with out involving Pakistan fully and getting approvals the deal was cancelled

 

[Musafir117]

The Title

 

[khail007]

Recko-Dick project should be conditional first with Pakistan's interest and then with cricket.

 

[PaklovesTurkiye]

Well after reading a bit about this case/issue

The summary of the issue is

Someone did a deal with BHP in 1999 (Origional Agreements )

"CONDITIONAL Contract demanded the company develop fields in 5-8 years in 1999, Full fledge development, not just feasability studies or 5-7%: They failed miserably "

BHP sold their stake to TTC (When people demended answers to performance)
(Pakistan objected to this transfer and objected to one sided ammendments) - Contract nullified at this point , The state of Pakistan did not recognize TTC as partners in business )

• Technically from Pakistan's side the ammendments done to origional contract were not acceptable, and this was reviewed by Supreme courts and they deemed the agreement Nullified

• Supreme court has to check if changes made to contract are legal or not, that is why we have courts to look after such items

• TTC sold their stake to Barrick Gold and Antofagasta. They technically sold them a paper or agreement which was already nullified by Pakistani Government

• Nothing done on Site till 2008 , no impact by Gold / ntofagasta

"Ammendments were done to origional contract" discoverd by Supreme court of Pakistan after it was signed in 1999. This was deemed illegal by Supreme court of Pakistan" Important note Supreme court of Pakistan found "Ammendments to origional agreement was illegal"

Province was against TTC . So they logged a case in court Supreme court of Pakistan. The contract as a result was "Nullified". Due to "ammendments to origional contract which was illegal"

The new company TTC or Barrick Gold and Antofagasta were never granted a licence to excavate in Baluchistan


So technically Pakistan does not owes anything because the deal was "Nullifed" due to objection by Provincial authorities to the deal , which is legal right of Pakistan. Also Supereme court stated Ammendments are not aggreable the contract is VOID

• Can't Ammend a contract without Supreme courts agreement from Pakistan side

• The deal is not recognized if it is nullified by Supreme Court of Pakistan

Actual Parties (Pakistan / BHP)

• Pakistan/ BHP deal in 1999 (Agreed between Pakistan / BHP) VALID, Pakistan has to validate any change in agreement (Parliment/Province/Courts). Review if it is constitutionally ok for national level contract

"Conditional Approval was given that BHP only would develop the field in 5-8 years to full 100% capacity not 1-5%. When performance goals were not met the Contract was approaching cancellation for failiure to bring project to 100% capacity !!!! "


The problem started when Ammendments were made and shares were sold with out Pakistan's approval

Un Recognized Transactions from Pakistan's Legal System:

• BHP sold their stake to TTC (Ammendments not agreed by Pakistan: INVALID) Where is Supreme Court of Pakistan agreement on sale of shares? Did Pakistan issue no Objection letter?
• TTC sold to Barrick Gold and Antofagasta (Ammendments not agreed by Pakistan: INVALID) Where is Supreme Court of Pakistan agreement on sale of shares? Did Pakistan issue no Objection letter?

Is this fukin company still involved in our Balochistan, mining resources?? Whats the current picture?

 

[RescueRanger]

Pak Gov need not do anything it is not bound by the World Bank decision. Time Pakistani leaders grew a spine and learned to say GTFO!

 

[544_delta]

i came here expecting SSG and SASR face off... guess i'll have to show my self out :/

 

[graphican]

You need to change title of this thread. Australians are not invading Pakistan but offering their expertise in doing what they already do at home and very well so. Australian mining industry is one of the biggest in the world and Pakistan can learn a lot from their experiences.