Sept 13 (Reuters) - Siv Capital Ltd (SIV) :
- UPDATE REGARDING INSURANCE CLAIM FOR GOGETTA
- NOW RECEIVED CORRESPONDENCE FROM INSURERS THAT IN THEIR OPINION AMOUNT PAYABLE IS NOT A MATERIAL AMOUNT
- IT IS QUITE PROBABLE THAT AMOUNT COMPANY EVENTUALLY RECEIVES WILL BE SUBSTANTIALLY LESS THAN A$2 MILLION
- NOW BELIEVE MATTER WILL NOT BE RESOLVED IN SHORT TERM AND LIKELY TO TAKE 12 OR 18 MONTHS
- CONSIDER THAT THERE A NUMBER OF FACTUAL ERRORS IN ANALYSIS BY INSURERS
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Mkt cap ! $7.102M | |||
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