CLE 0.00% 0.1¢ cyclone metals limited

Correct Tri, I know the original penalties (from my link) were...

  1. 262 Posts.
    Correct Tri, I know the original penalties (from my link) were reduced and the sum owing was around the $67m mark of which half was paid.

    Also consider that circa $17m related to the $80m money currently deposited in the MCC arbitration account then its hard to enforce this payment since the money hasnt been received...

    So my understanding is we are really talking about approx $17m + a further lower interest penalty in the worst case scenario.

    I'm sure there are better accounting experts out there to clarify.

    Kasper
 
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