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Earl Grey Lithium Project, page-103

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wingedwarrior

6,525 Posts.

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08/06/17

09:51

Post #: 25165914
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Originally posted by Kipper01 ↑

My own completely "uneducated" guess - and it is a guess because I am not clear on the facts in spite of everything excellently contributed here, is that the current ownership and rights to mine Earl Grey will remain 100% with KDR .... It seems fairly clear a proper and legally binding deal was not executed.
.... However, it would not surprise me in the least if some "compensation", for want of a better word, is required to be paid to MZN for any half-agreed-upon disposal discussions by KDR, (though not followed through). In such an event, this may prove a financial annoyance but no big deal in the scheme of things.
As stated this is purely an onlookers opinion.

Kip

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I doubt any compo will be awarded after following the court proceedings & comments; however, if there was some, my guess is it might be that KDR have to pay half of their own costs rather than have them totally paid by the plaintiff? A token compo only?

KDR Price at posting: 56.5¢ Sentiment: Buy Disclosure: Held
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