CYL 2.82% $2.92 catalyst metals limited

Did kori forget to mention that Zuleika, which sued for $21...

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  1. 1,259 Posts.
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    Did kori forget to mention that Zuleika, which sued for $21 million in damages, won it's case and is awaiting Justice Smith's decision on damages?

    While CYL fans are waiting to see how much of that $21 million is awarded, keep in mind that Justice Smith awarded Zuleika 100% of court costs, and allowed court costs above the usual limits.

    So in addition to CYL's $18 million in current liabilities (see CYL announcement at head of this thread), there's $9.05 million owed to Collins St, the $5 million loan from Hunter Guo that was a requirement of the Vango merger, whatever of the $21 million that Justice Smith awards, plus whatever other debt Vango has accrued.
    Last edited by PulpCutter: 24/03/23
 
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