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centamin - egpc resumes fuel supply, page-2

  1. 9,397 Posts.
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    Thanks S101.
    Clearly, whatever might be the position on the future pricing of fuel supplies, a retrospective bill, dating back to 2009, was it, for US$64m was ludicrous.
    Whether or not Centamin's agreement can be unilaterally altered to accommodate a mark to market price escalation we'll have to wait for the courts to decide, I suppose.
    But this is nothing for Gippsland shareholders to worry about because in recent releases GIP itself has revised its figures to accommodate such a move, should it happen.

 
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