"Carbine has also been unable to resolvea number of sublease condition issues with the quarry owner and mining leaseholder. In an attempt to resolve these matters Carbine initiated a dispute conciliation process under the sublease which led to an agreement being reached by which each party intends to appoint their respective lawyers to oversee the potential buyout arrangements for the Mt Carbine Quarries Pty Ltd who are conducting quarry activities at the Mt Carbine mine site."
Taken from CNQ's half-year report.
1. It is clear from this document that CNQ misses/violates on more than just one condition in the contract.
2. CNQ's attempt to resolve these issues via a conciliation process have been unsuccessful.
3. A buyout arrangement also has not been agreed.
Time and time again failure all over the place. The feel-good storyteller gang repeatedly pretends everything was OK which clearly is not the case.
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