ARV 0.00% 1.2¢ artemis resources limited

Ann: Greater Carlow Drilling Completed, Munni Munni JV Update, page-4

  1. 4,002 Posts.
    lightbulb Created with Sketch. 1311
    From the announcement:

    "At our non-core Munni Munni Project (unrelated to the Greater Carlow or Paterson Central projects) which is in the process of being divested,the Company advises that it was served a writ of summons issued by the Supreme Court of Western Australia as filed by Platina Resources Limited(Platina), its 30% joint venture partner to the Munni Munni Project.Artemis retains 70%in the project.Platina claims that the Company and its wholly owned subsidiary, Munni Munni Pty Ltd, have breached theheads of agreement with Platina relating to the Munni MunniJoint Venture as a result of the Company entering into anagreement with Empire Metals Limited as announced to ASX on 28 April 2020.The Company intends to vigorously defend its position and will explore all its options in view of Platina’s claims."

    I wonder how much they intend to spend on legal costs.
    Last edited by AlexanderJ: 20/07/20
 
watchlist Created with Sketch. Add ARV (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
0.000(0.00%)
Mkt cap ! $23.00M
Open High Low Value Volume
1.2¢ 1.2¢ 1.2¢ $628 52.36K

Buyers (Bids)

No. Vol. Price($)
18 2911631 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 2837759 2
View Market Depth
Last trade - 16.10pm 10/09/2024 (20 minute delay) ?
ARV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.