GBG 0.00% 2.9¢ gindalbie metals ltd

mmx litigation and oakajee development, page-4

  1. 2,243 Posts.
    While negative & lets face it dumb MMX will not go under.

    Any win if avalaible would see CHM get shares in MMX.

    Therefore port would still be a goer. Just mean that CHM would have a major stake & MMX would have a lot more shareson offer.

    IMO

    MMX have since said they believe they can't be taken to court again for the K&E case but why wouldn't you take the release if it were offered? Crazy?

    I do beleive settlement was reasonable. There was a lot of confussion between the two cases.

    MMX felt there was more value in paying up. Saves loosing saves there own legals & time. CHM felt there case wasn't good enough to pass up the offer.

    If you are wooried there will be a lot more negative talk re MMX vs CHM until its resolved but i don't think it will hamper the other miners eg. GBG to much
    IMO
 
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