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Originally posted by ricky99:
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Rikardo you confuse me, so I must be missing something here - how do you get it resolved for $30mil when they have said its what $12 mil and 700k of additional costs last year to be added to the amt. I know they can accrue interest against it but that would still only be at a minimal amount so I would have thought at best we will get back what we expect or are owed. Also if you look at the Supreme court mediation they say..A Court registrar or a judge will act as the mediator. All of the registrar and judge mediators are trained mediators and have many years of experience.
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Ricky99 you’re not missing anything, especially not logic that is missing in Rikardo’s post. There is no logical way a $12m claim can turn into $30m. That being said, I doubt they would pay out $10m in dividends from a $12m windfall, especially when tax needs to be paid on the $12m given they have already written off all the costs.
