chm to take murchison to court, page-28

If you go back to the first MMX ann back from 1 April 2005 you will find this:

"Funds raised through private placements in October and February enabled Murchison to complete the acquisition of 100% of Jack Hills Tenement E20/535 and E20/552 through payment of A$0.55m to the vendors on 25 February 2005.

The exploration license for E20/535 was granted by the WA Minister for State Development on 24 March as expected after the four month objection period passed without dissent. This now allows the company to commence work on the lease.

Furthermore Mining Lease M20/506 has now been pegged and applied for and granting is expected after a four month objection period."

Sounds like they dotted the i's and crossed the t's to me. CHM can only have issue with the vendor who sold the land if they had no right to - and given the value of only $0.55m at that time CHM won't even cover their legal costs. What a bunch of losers.