Cant rembr now the exact figures but saw this in one of the Annys in 2007 but I believe MNM paid some piddly amt in Cash (poss $75k or $100k ?) & a mill worth of shares to Calcifer for Mt Mulligan
its obvious NOW, that Calcifer would believe this amt for 500m tonnes of Coal a little unfair but seriously thats their fault for lack of foresight
Not sure how long or how costly these situations take but it seems to have taken forever + 2 wks
MNM Price at posting:
3.0¢ Sentiment: None Disclosure: Held