I can't say I'm impressed with ERL's disclosure around this arbitration. Firstly, MXR released their announcement on the matter to the market on 14/09/21. It took ERL until 16/09/21 to release their announcement on the same matter. So much for continuous disclosure! Also, ERL's announcement has cleverly avoided to mention that they have to pay MXR's legal costs (I read this as that ERL basically lost the arbitration case).
Let's hope they have better success with their drilling and improve their disclosure practices.
On a related matter, I wonder how they are going with the assay results from Yuinmery - in the Quarterly dated 16 July it says that the results were 'pending at end of quarter' and we have heard nothing since.
C'mon fellas, lift your game please.
GLTA & DYOR
Ann: Change of Director's Interest Notice (MR), page-31
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