GRX 2.31% 84.5¢ greenx metals limited

Ann: Arbitration Hearing Claims Against Poland Now Completed, page-10

  1. 30 Posts.
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    Agreed with above.

    Claim is 737GBP $1.3bn AUD. 30% success award from Polish Govt (as won't agree to all 737m) multiplied by 30% to LCM for funding claim / litigation sucess fee - GRX effectively gets 70% of this reduced figure - say $250-$300AUD max.

    Based on 254m shares o/standing implies ~$1/share of cash to balance sheet.

    High level analysis - DYOR.
 
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