Thanks Bigmac. This is the epicenter of the issue. I invested in MEO knowing ALL the fact. I new very well that there was a high risk of gas not being found. I made that decision based on the full facts.
Newie, I have read both the Supreme and Concourt rulings. The first two cases were not nothing court cases. They were turned down on technical reasons.(Eg late lodgment) If there was not case to answer, why was the court order stopping the drilling never lifted.
Do you think AC would have recommended NKP knowing that there was a band on drilling on two of the richest farms. That they were in court fighting not to loose these farms?
Would have you?
Ralph. You asked how many court cases has Genorah lost. Besides being stopped from drilling 3 years ago, That would be one, and now people are caught. Any argument that this court cases was nothing, ended on the 7 Dec 10
Ralph, you have always had a very balanced view on this stock and management. I would go as far as to say a reasonable person.
674 Continuous disclosure (ii) is information that a reasonable person would expect, if it were generally available, to have a material effect on the price or value of ED securities of the entity; the entity must notify the market operator of that information in accordance with those provisions.
NKP Price at posting:
45.0¢ Sentiment: None Disclosure: Not Held