From other similar jurisdictions my understanding has been that...

From other similar jurisdictions my understanding has been that when contract value is not significant or similar asset/service is available on the market, the violated buyer agrees for refund + penalty as full litigation costs are normally overwhelming and identical or similar contracted asset can be acquired on the market. Also, most jurisdictions have fast track court procedures for specifically reimbursement of security deposits and penalty which can be enforced cost effectively and quickly, rather than file a statement of claim for a full blown court case. Ofcours until we read the actual provisions and warranties in the contract we can only assume. But the Announcement dating back to 1 June 2016 reads starting with
"100% rights acquired to large tenement package in Portugal containing known spodumene and petalite-bearing pegmatite
swarms."