well GT, a successful appeal makes Superior 40% of Marymia holder and therefore a junior partner in a JV. Oh also the real devil here is, Vango was the buyer of the asset back in 2016. Breach always fall on the seller side which was Dampier Gold. So if Superior successful in the appeal, it will be Dampier/ZAG who face the ultimate consequences. Vango will still retain its controlling 60% stake and claim 40% of all its past investment back plus a junior partner in a JV with all infrastructure in place. Doesn’t matter which way it goes, Vango is still a bargain at this price.
VAN Price at posting:
3.4¢ Sentiment: Hold Disclosure: Held
