"Votorantim has confirmed to the Company in writing that its purported termination of the Sales Agreement was invalid, that the Sales Agreement remains on foot, and that it intends to comply with its obligations under the Sales Agreement until the end of 2014."
You are also correct in that they said they may only purchase a minimum amount after Nov - there is obviously a minimum amount stipulated in the contract, that they MUST purchase... and as you asked - that minimum amount is what holders need to know.
Itll be in some old announcement or quarterly report.
So I'll rephrase my earlier response as - they will be bound to purchase the same minimum amounts as sstipulated in the existing legitimate contract - however they may have been purchasing well above their minimum requirement in the past, so revenue may still drop significantly - all depends on what the minimum requirement in the contract says.
Sorry if thats stating the obvious to long term holders but Ive never checked that data even when I was a holder recently.
Ann still gives some very welcome breathing space and should eliminate the chance of administration in the immediate future.
MBN Price at posting:
1.6¢ Sentiment: Buy Disclosure: Not Held
