The 30% was a done deal dependant upon certain conditions being met by VRE. MCR announced that as these conditions were not met on time no extention was given.
One of the conditions IMC Resources placed on funding the Aministration was that this cancellation was binding and that MCR could not revert back to the purchase of the 30%.
Obviously IMC Resources believed the value left in Camilya was higher than the $24M offered by MCR.
The 30% was a done deal dependant upon certain conditions being...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)