Hi tezjmHere's a previous post by Lekki (thanks Lekki) that...

Hi tezjm

Here's a previous post by Lekki (thanks Lekki) that pretty well sums up the future timing of events with regards to the Kronos case.

"Kronos is claiming misleading or deceptive conduct on behalf of APG. I'm not expecting anymore info until 25 July when hopefully Hummms can attend the court and let us know his observations.

The orders from the 1st directions hearing on 9 May are;

No: (P)NSD568/2013
Federal Court of Australia
District Registry: New South Wales
Division: General

KRONOS INTERNATIONAL, INC
Applicant

AUSTPAC RESOURCES N.L.
Respondent


ORDER

JUDGE:
Justice Nicholas
DATE OF ORDER:
9 May 2013
WHERE MADE:
Sydney

THE COURT ORDERS THAT:

1. The applicant file and serve an amended statement of claim by 10 May 2013.
2. The respondent file and serve its defence and any cross-claim by 14 June 2013.
3. The applicant file and serve any reply and defence to cross-claim by 5 July 2013.
4. By 12 July 2013, the parties’ legal representatives exchange proposals in relation to limited discovery with respect to those categories it is contended ought to be the subject of discovery before affidavit evidence is filed.
5. By 18 July 2013, the parties are to notify the Associate to Nicholas J by email as to the extent of any agreement or disagreement with respect to any such proposals.
6. The matter be stood over for further directions at 9.30am on 25 July 2013.

Date that entry is stamped:

Deputy District Registrar"

-------------------------

Trust the above assists with some timing dates.

I still believe the current 1.5/1.6c levels are a good low buy in price at the moment.

It wont take much for a rise to happen, in a very short time at that, once we hear news that the commissioning will definately occur.

It's now just a matter of "if you believe that the commissioning will occur July/august/September" or not.

If it does then we should see a significant rise without warning.

No ramp, just fact and certainly about time!!!

JAWSY:)