Not so great news here. I hope it stops dragging on
"On 25 November 2015, the Company and MLX attended a Mediation Conference which failed to resolve the matter. The Company’s Board denies the legal and factual basis of MLX’s claims and the matter will now proceed to be dealt with in The Supreme Court of WA. As a result, the Company estimates it may incur legal fees of at least $500,000 up to 30 June 2016. "
TAM Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
