Ann: Great Australia Royalty - Update , page-7

i am waiting for access to the site to read the full report..i dont know IF it is relevant to us or not...
has anyone seen the agreement between EXS and copchem ?


http://www.timebase.com.au/cases/alert/daily.cfm#case51


Great Australian Operations v CopperChem - Contracts case
on 20 April, 2012 - 14:56

The Federal Court has handed down its decision in the case of Great Australian Operations Pty Limited (receivers and managers appointed) v CopperChem Limited [2012] FCA 391, ruling that the proceeding be dismissed.

The case relates to the construction and interpretation of contracts. In his reasoning, Jacobson J looked at whether there was ambiguity in the contract, concluding that "there is ambiguity in the meaning of the language contained in the Terms and Conditions, in particular as to the meaning of the phrase “actual EBITDA for the CopperChem Group”, read in its full context."