As far as I can recall this figure is pure speculation about a the damage claim including the JV extension to 5 mtpa production at Tabang. Until late 2011 the 1 mtpa production was not proven. Therefore claiming 750 mio $ is totally nuts. If they can recover their capex +legal expenses - around 150 mio $ - that would be excellent.
There are clear prohibitions & restrictions for Bayan & Kangaroo in relation to the shares.
http://www.whiteenergyco.com/wp-con...te_on_ksc_legal_case_1042012_attachment_1.pdf
I assume there is some action in Whites office these days.
Will PT Bayan TBK bid for WEC?, page-7
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Last
4.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.158M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12460 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 10000 | 1 |
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