SSN 0.00% 1.5¢ samson oil & gas limited

more than one company interested , page-7

  1. 3,522 Posts.
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    ITS A BINDING AGREEMENT! Its a done deal, get over it? I am very happy with the whole agreement, and royalty's. It will go ahead on or prior to the 6th.( make my words!)
    I still think the sp may bottom on .06 but who knows and frankly who cares? if its hits the low .04s then I may consider liquidating. cgt is my major problem with this stock, and what a problem to have. good luck all.
    Dr

    From Wikipedia

    In law, a contract is a legally binding agreement between two or more parties which, if it contains the elements of a valid legal agreement, is enforceable by law[1] or by binding arbitration. A legally enforceable contract is an exchange of promises with specific legal remedies for breach. These can include compensatory remedy, whereby the defaulting party is required to pay monies that would otherwise have been exchanged were the contract honoured, or an Equitable remedy such as Specific Performance, in which the person who entered into the contract is required to carry out the specific action they have reneged upon.

    Agreement is said to be reached when an offer capable of immediate acceptance is met with a "mirror image" acceptance (i.e., an unqualified acceptance).[2] The parties must have the necessary capacity to contract and the contract must not be either trifling, indeterminate, impossible, or illegal. Contract law is based on the principle expressed in the Latin phrase pacta sunt servanda (usually translated "agreements are to be kept", but more literally "pacts must be kept").[3] Breach of contract is recognized by the law and remedies can be provided.

 
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