BRL 4.97% 84.5¢ bathurst resources limited.

Ann: Notice of off-market minimum holding share buyback, page-6

  1. 3,200 Posts.
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    I think you are forgetting a few things......lets keep the story simple for you.

    Whilst it has suited BRL for this thing to be played out over a long period of time if BRL lose they will have to pay about $70M NZD for something that they will more than likely never get any benefit from......thats not a good business practice.

    Mind you L& M will receive a healthy interest rate which will be from the first breach of contract until settlement so perhaps it works well for both parties to drag it out.

    Unfortunately due to the mining permit and other consents running out for this tenament (including access consents) in 2022 neither party are going to be winners out of this.
 
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