As per the recent JV & Court proceedings update, Pure Metals have until the end of today to sign the new JV?
I assume we should hear something in the next day or so on this?
"CAP and Pure Metals have agreed to extend the date by which the parties have to sign a new Joint Venture agreement to Friday 3rd May. Importantly, under an amendment to the Terms Sheet, should this not occur then CAP will have the right to buy back the 40% BMG Joint Venture Interest from Pure Metals on the same terms as its pre-emptive right offer (detailed in CAP ASX Announcement 26th February 2013)."
CAP Price at posting:
22.8¢ Sentiment: Hold Disclosure: Held
