ADY 4.55% 1.1¢ admiralty resources nl.

when will this company die?, page-9

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    What are we to make of this bit on page 15...

    "Compania Minera Dan has filed a writ for a civil suit against Vallenar Iron Company for the amount of US $ 770,833 for the non-payment of royalties corresponding to the years 2006, 2007, 2008 plus the termination of the sales contract covering Japonesita, Gabaiju and the Soberana mineral concessions and the return of legal title to these concessions to Compania Dan. The Directors have sought legal counsel and are confident the claims can be defended with no liability."

    To understand this you have to go way back to point 2 on page 2 here
 
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