Check the latest a announcement. MIS playing hard ball with Yilgarn.
What a mess.
''Yilgarn has by open letter to Midwest and the Midwest Directors dated 11 April 2008 alleged that Midwest is in breach of the Infrastructure Implementation Agreement and has reserved all of its rights in respect of the alleged breaches and as a shareholder of Midwest. Midwest denies that it is in breach of the Infrastructure Implementation Agreement.'' In the same open letter Yilgarn has threatened that in the event that Midwest persists in its refusal to nominate Yilgarn under the RFP process that it may initiate proceedings against Midwest and/or the Directors of Midwest. There is no merit in Yilgarn's allegations. Midwest will write to Yilgarn confirming its intention to continue to negotiate with a view to nominating Yilgarn under the RFP process.''
MMX Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
