ANS 0.00% 1.7¢ austsino resources group limited

Sundance Legal Action Update - Congo

  1. 2,511 Posts.
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    FYI...


    https://hotcopper.com.au/data/attachments/6280/6280409-9b47516979d876b5de62c9cadc97c761.jpg

    I would hazard a guess
    , and presume SDL are running out of money, and are willing to accept some low-ball settlement offer so note holders can recover some of their "investment".

    As we know, there have been no updates regarding SDL taking further action against ANS since the $595k was awarded (and subsequently paid) to ANS for discovery costs.
    One might assume if there was a smoking gun, it would have been presented long ago.

    Waiting to see if there will be settlement with Cameroon....

    One less hurdle to full-steam ahead.

    Last edited by DVEous: 01/07/24
 
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