Initially hard to work out what this means exactly with the legal speak.
"On 13 April 2015 Tanami commenced legal proceedings in the Supreme Court of Western Australia against Metals X for relief in the form of a declaration that as a result of the vote at the general meeting on 13 April 2015, the condition of the Metals X HoA in relation to shareholder approval required by Tanami has not been satisfied."
I read it as, Tanami are saying the MLX contract was conditional on share holder vote, the share holders voted and want a retraction from MLX?
Any one else see anything different?
Regards Mark H
TAM Price at posting:
3.5¢ Sentiment: Hold Disclosure: Held
