Agreed, in a court of law ,the outcome is uncertain. It will also probably drag on for a few years. Currently CNB'S benefit is at the expense of HMX'S Loss. To save on legal costs and time best CNB negotiate for an agreement term acceptable to both parties. HMX acquired the tenements in good faith and on plan submitted, now to have it taken away does not sound right due to newly introduced interpretations. The fact that the tenements have not been drilled to date that is not reason for the tenements to be taken away as it is not in the terms of acquisition.
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-55
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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2 | 521127 | 0.036 |
3 | 316429 | 0.035 |
4 | 667424 | 0.033 |
4 | 426000 | 0.032 |
2 | 36282 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 123243 | 1 |
0.039 | 179872 | 1 |
0.040 | 157500 | 2 |
0.042 | 100000 | 1 |
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