Just re reading the 18 April quit date ann where they brought it brought forward to 30 June. Given it was brought forward
"... on the basis of MMK’s expectation that Flinders’ and MMK’s appeals against the injunctive relief obtained by a minority shareholder of MMK, restraining implementation of the SIA, will be heard and a judgement delivered before that date" shouldnt it now be extended Gary....
You've got some explaining to do, son.
18 April 2012
Scheme Implementation Agreement
Update
ASX ANNOUNCEMENT
GARY SUTHERLAND
MANAGING DIRECTOR
18 April 2012
For further information please contact:
Gary Sutherland Duncan Gordon – Investor relations,
Ph: 08 8132 7950 or 0419 851 608 Ph: 08 8232 8800 or 0404 006 444
Email: [email protected] Email: [email protected]
Further to the announcement by Flinders Mines Limited (Flinders) dated 16 April 2012, Magnitogorsk Iron and Steel
Works OJSC (MMK) and Flinders advise that by mutual agreement the parties are treating the Quit Date under the
Scheme Implementation Agreement (SIA) between Flinders and MMK as 30 June 2012. This agreement was made on
the basis of MMK’s expectation that Flinders’ and MMK’s appeals against the injunctive relief obtained by a minority
shareholder of MMK, restraining implementation of the SIA, will be heard and a judgement delivered before that date.
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Just re reading the 18 April quit date ann where they brought it...
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