court case W AUST, page-38

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Dogsdinner

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21/10/22

11:25

Post #: 64317811
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Originally posted by DVEous: ↑

Back on topic - WA Supreme Court case.

SDL holders should be keeping abreast of what ANS are announcing.

https://aust-sino.com/files/files/991_224._AustSino_Market_Update_-_17Oct2022.pdf

Now, a very simple line of questioning that will no doubt be raised in the WA Court.
If it were a simple case of taking/using SDL's IP [by questionable means and tactics], then why all the on-going design and feasibility work?

Which then raises the question, what value (the dollar amount being claimed as compensation) was the IP actually worth.

It appears that the SDL IP was worth very little, if anything.
Otherwise, laying of the Port & Rail foundation stone would have occurred very soon after the Feb 25 contracts signing, no?

Any intelligent comments on this unfolding situation?

What thoughts on SDL's cash in the bank to fund the litigation occurring in WA?
My understanding is, Burford are only funding the litigation with Cameroon and Congo.

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I was led to believe via the SDL website that the IP included a vast summary of geology reports as well as 1st stage / preliminary earth works and some infrastructures. The rail link / corridor was also designed and approved. Surely there's some value based on achievements and expenses laid out already? Also some value based on share holder commitment, the over all effort and intentions? None of us were investing in this for sh*ts and giggles, anywhere else in the world this would gain traction and justice would be served.

SDL Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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