July 12 (Reuters) - Eastern Goldfields Ltd (EGS)
- Received writ of summons for proceedings in Supreme Court of Western Australia commenced by GR Engineering Services
- Contract price is approximately $12.5 million, of which Eastern Goldfields has already paid sum of $10.4 million to gres
- Writ of summon in relation to davyhurst gold project refurbishment contract entered into by gres and co on 22 Sept 2016
- GRES now claims "liquidated damages in sum of $9.9 million alternatively $5 million"
- Eastern goldfields will pursue by counterclaim its rights to damages and costs arising from gres' breaches of contract, defective work and other conduct
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4.370 | 500 | 1 |
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