a miner with the midas touch., page-14

"On 22 December 2011 the hearing was concluded and the court issued orders with respect to costs. In its reasoning for those orders, the court concluded (among other things) that BMG should be wound up and that this would be the appropriate order. However, judgment has been reserved for 22 February 2012 when the final orders are due to be issued."

"Carpentaria believes that it is premature to provide any detailed statements on the implications that the court's conclusions and the final order may have on the Hawson's Project. However, having regard to the court's reasoned conclusions, Carpentaria is of the view that the anticipated final order (once handed down) will not alter the current contractual obligations of BMG (or a party acquiring BMG’s interest) under the Hawson's joint venture agreement (should that occur)."



So judging by that, Nick isn't expecting anything in the courts final orders that will affect our JV, and BMG (or a party acquiring BMG’s interest) still have until 15th May to fork over $25M to CAP.