Australia's largest stock trading and investment forum Australia's #1 stock forum

FFR

Click for more information

0.00%

12.0¢ firefly resources limited

Marindi Metals to acquire Mt Holland?, page-233

First 233 Last

Share
Profile

Follow
ChinaDragon

3,783 Posts.

483

14/11/16

20:54

Post #: 20612090
Share

Originally posted by TheArchitect ↑

My lawyer disagreed with a cash payment to go away, if MZN have a real claim they will want to take it not just be paid to go away and the courts will and can enforce KDR to sell it to MZN, then MZN if they want can allow KDR to continue and sell it back to them or something, but the effort MZN are going to now would seem there is something and they want to take it all from KDR. I've also heard that this is the case from some contacts but won't post this as this would be deemed unsubstantiated, but as I've already said I think there's a smoking gun and KDR have just felt the shot in their foot that they've done to themselves. But it's also down to the Judge and what's really in those emails regardless of what anyone might think or feel from either side of the table.

Expand

Again nothing to disagree with. However, I would hope if there is a chance to avoid a lengthy, messy litigation process sense would prevail.

MZN Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

HVN

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

JDO

Timing will be everything for 'smashing' Hot Stock tip Judo Capital Holdings

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

RBA holds rates as ALP election campaigning kicks off – expect more political focus

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 826 more messages in this thread...

First 233 Last

Add FFR (ASX) to my watchlist