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Yeah I'm sure I saw somewhere that we dropped Eldorado do Juma...

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Midnight26

4,791 Posts.

385

12/09/17

00:07

Post #: 27142848
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Originally posted by share_time ↑

Your finally starting to catch up skol.

Ive had some discussions about this with management 3 or 4 months ago. Its a tangle of webs caused mostly by a few dodgy locals. Most of the info I found on it was in Portuguese so you will need to translate.
Anyway, from what I can gather looking at the last quarterly is that we relinquished our rights to that lease and booked it as a loss, best to walk away from a mess others have created. BBX are not liable and I believe the case brought forward has already been rejected by the brazilian judiciary.

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Yeah I'm sure I saw somewhere that we dropped Eldorado do Juma altogether but I couldn't find it.

Yet another storm in a sieve.

BBX Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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