Nothing is impossible but this challenge in court is even more frivolous than the cochrane hill challenge that was thrown out.
Wally and Co have proven numerous times they know what they are doing and they understand how the system works because they have been through the entire process with Plutonic and have the necessary experience to make Touquoy happen. They have the legal expertise at their fingertips and they are not worried in the slightest about this Judicial review, lawyers are always looking for an excuse to make money so they will take on any cause to milk the client of more dollars, whether the appeal has any merit or not doesn't matter to the lawyer who is just interested in making money.
Interestingly ATV has no value attached to it for the Cochrane Hill project which will ultimately be worth a lot more than Touquoy because it has enormous upside in terms of exploration along strike whereas Touquoy is not likely to be that much bigger than it already is.
There is no such thing as a dead certainty so only invest what you can afford to lose but in my extremely biased opinion you have to be in to win and the best thing going for this company is the quality of the Management team who understand the mining business and if you are investing in this company stop fretting about what might go wrong and trust Wally & Ron. AU Mining certainly do and in the worst financing environment imaginable ATV is successfully raising money which speaks volumes for how good the Touquoy project is.
ATV Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held