AGO 0.00% 4.5¢ atlas iron limited

Ann: MinRes terminates Scheme Implementation Deed, page-34

  1. 38 Posts.
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    Yeah that's the part that intrigues me because Minres came out first, then our sentiment changed, unless there was some communication about the potential change in sentiment of the board. There was something about having to let Minres know about the new bid as soon as they received it...maybe the board notified them at that point...if only i was a fly on that wall.

    So we didn't initiate the change, my logic would dictate that Minres bailed out, so we shouldn't be responsible for termination fees, but that's in the realm of lawyers to explain
 
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