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73.0¢ bathurst resources limited.

Ann: L&M initiates action for second performance payment, page-7

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Whits43

70 Posts.

11

04/05/20

13:25

Post #: 44420900
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Originally posted by Replayradio: ↑

I have say I’m with Xman on this. I get a sense the noose is tightening. If the court has previously rejected the argument that L&M are making in this new case, it’s possible they have new information - or are confident they’ll get it.

For Bathurst management to state that L&M are vexatious is rather arrogant given the courts have ruled against them (BRL) at every turn so far.

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my understanding is this relates to the 2nd payment triggered when 1 million tonnes have been “shipped”
not to be confused with the existing court decisions/proceedings
that’s probably why they view it as vexatious

BRL Price at posting: 5.3¢ Sentiment: Buy Disclosure: Held
2 Upvote

2 Great analysis

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Last 73.0¢		Change 0.010(1.39%)		Mkt cap ! $139.6M

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