CAP 2.27% 4.3¢ carpentaria resources ltd

a miner with the midas touch., page-41

  1. 368 Posts.
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    Hi R36,

    Ample Source paying $105M for half of BMG is consistent with the interim judgement of December 2010 (yes, I do mean 2010). See paragraph 3 under Reasons for Judgement.

    Here is the link and if that does not work go to www.austlii.edu.au and search Bonython Metal and go to December 2010 judgement.

    http://www.austlii.edu.au/cgi-bin/sinodisp/au/cases/cth/FCA/2010/1479.html?stem=0&synonyms=0&query=bonython%20metal

    My thoughts are Ample Source will want to continue the JV under the same terms the original otherwise they would not have gone through the Court process. I think the only reason why this might not occur is if CAP has a better offer.

 
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