MRC 16.0% 2.9¢ mineral commodities ltd

Ann: Receipt of BSG Writ of Summons, page-2

  1. 15,879 Posts.
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    This is my interpretation of the announced.
    MRC is the majority shareholders, and BSG holds 10%
    BSG believes MRC has breached their agreement in some way, where BSG is seeking MRC's shares to be sold, or is it BSG seeking for its shares to be sold?

    I find it pretty amazing after 3 months no one knows what the apparent breach is. I also find it amazing that MRC resolved all of the issues at Skaland, have secured interest from Mitsubishi Chemical and FREYR and we have a minority shareholder who has a board members appointed to the Skaland graphite project claim there is some default.

    It looks like this legal dispute is going to take a while before it to be resolved.
 
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