From Vmans post on MMX thread
''AFR article just put up on their website also of the opinion that CHM gets bugger all, despite claiming victory. Quote: "But the extent of its success is not giving Murchison cause for concern", Also says judgement gives CHM two forms of compensation - share of profits (= 0 because no profits to date, OR $152k plus interest (may as well be nothing).
Goes on to say CHM failed in its attempt to claim ownerhsip of a share of the iron ore deposits - which if awarded would have wiped millions off MMX ...
- Forums
- ASX - By Stock
- CHM
- ann out "chameleon wins murchison litigation"
ann out "chameleon wins murchison litigation", page-28
-
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)