Hahah Rikardo! Always count on you to provide some good comedy...

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Pentagon23

96 Posts.

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25/02/21

11:15

Post #: 51315405
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Originally posted by Rikardo: ↑

Ricky, for mediation to work you need TWO willing parties. I know we have at least one party. which is willing. Not sure the other one is interested. Their only interest is to delay paying us any $ for as long as possible. So if a resolution is not found then back to court for a decision. That's how it works. The mediator can try but at the end of the day they are only human like the rest of us.

The $30 mill is a guess. Could be higher or lower, I have no idea. But you can be sure the whole claim will not be paid in full. It is a complicated world and fault will be found with both parties in some way or another. Its just the way it is.

I think the FFS must have been at work early this morning thus the error. Sorry. Don't forget I am sure there will be a tax liability for the payment received and the directors will probably want to hang onto some $ for working capital or the staff Xmas party. JMT

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Hahah Rikardo! Always count on you to provide some good comedy relief! Not sure where you got the $30m even if its a guess?

Why you are still holding? Surely at over 30c it would be an opportunity to exit? In terms of profit, have a look at what Mono's and even similar size Primero delivered in terms of profit percentage and you will find VMX has a stronger percentage to revenue number.

Overall i think the HY was a fantastic result and the jump in SP over the past week has been a testament to that! Let's hope it continues.

VMX Price at posting: 31.5¢ Sentiment: Buy Disclosure: Held
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