Hi R36,Ample Source paying $105M for half of BMG is consistent...

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.