Interesting indeed. So IDA does not receive 100% of any successful litigation proceeds but will receive 83.7% of either 70% or 85% of the payout less the share claimed by the litigation funders. Working on a perhaps optimistic net ( After litigation funders fee) payout of $70 Million IDA would receive either $41.7 Million or $49.8 Million and in the event of a much more modest payout of $50 million IDA would receive either $29.3 Million or $35.6 Million
Still a fantastic windfall for the company but certainly not the $100 Million loosely talked about. Heres hoping the LRI mob are unsuccessful in their dispute.
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- News: IDA Indiana Resources Refers For Arbitration Dispute Between Ntaka Nickel & Loricatus Resource
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indiana resources limited
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News: IDA Indiana Resources Refers For Arbitration Dispute Between Ntaka Nickel & Loricatus Resource, page-2
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Last
8.4¢ |
Change
0.006(7.69%) |
Mkt cap ! $53.98M |
Open | High | Low | Value | Volume |
8.6¢ | 8.7¢ | 8.2¢ | $629.7K | 7.419M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12830 | 8.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.5¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12830 | 0.084 |
4 | 162000 | 0.083 |
2 | 207600 | 0.082 |
2 | 18518 | 0.081 |
1 | 25000 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 100000 | 1 |
0.086 | 16767 | 1 |
0.087 | 97040 | 2 |
0.088 | 400000 | 1 |
0.090 | 40000 | 1 |
Last trade - 15.57pm 25/06/2025 (20 minute delay) ? |
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