I would imagine a Judge would look at shipped or shipping in th BRL context.
The contract was obviously structured so that when BRL started making money from that particular coal and was selling it in quantity, L&M were entitled to make some money too.
Shipped in this context means sold -so from L&Ms perspective " you're making money so we want to be paid."
Minimum royalties aside, If BRL isn't making money, (and a stockpile of unsold coal -anywhere - isn't making money for BRL) then L&M have no claim.
Shipped means "on its way to the purchaser" and so far the required quantity has not been "shipped"
- Forums
- ASX - By Stock
- BRL pending $40m USD lawsuit
I would imagine a Judge would look at shipped or shipping in th...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRL (ASX) to my watchlist
|
|||||
Last
81.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $155.0M |
Open | High | Low | Value | Volume |
81.0¢ | 81.0¢ | 80.5¢ | $24.24K | 29.93K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 22971 | 80.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
81.0¢ | 47565 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 17971 | 0.805 |
2 | 24875 | 0.800 |
1 | 11478 | 0.795 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.810 | 47565 | 2 |
0.820 | 27778 | 2 |
0.835 | 27759 | 2 |
0.845 | 6600 | 1 |
0.850 | 24566 | 3 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
Featured News
BRL (ASX) Chart |