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16/03/22
13:27
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Originally posted by PulpCutter:
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Read 'em and weep, baby. ROFR already triggered, per Judge Martin. Here is his ruling, with a link to the WASC Court website so you can verify it for yourself. BTW, heck of a lot more rigorous documentation than you're providing to this thread, with your unsubstantiated claims that "two Chinese billionaires" are backing Vangom LOL. https://ecourts.justice.wa.gov.au/eCourtsPortal/Decisions/ViewDecision?returnUrl=%2feCourtsPortal%2fDecisions%2fSearch%3fsearchText%3dVango%26jurisdiction%3dSC%26advanced%3dFalse&id=f22a3712-44be-4091-90b1-d9a2a94c46ad Paragraph 240: Consequently, at May 2017, an ROFR offer ought to have been made in parallel terms by both Vango and DPPL to Billabong Gold(DPPL in this May 2017 transaction is named as a party) to BillabongGold. Paragraph 241: Towards this May 2017 occasion, I assess there to be a joint breach by both defendants by their omission as regards OTA cl 12.6(b)vis-à-vis Billabong Gold (albeit the second defendant is a 100%subsidiary of the first defendant, Vango). Yeah, the ROFR has already been triggered, ace.
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That's not the ROFR me and Petersburg was talking about. As for the ones you mentioned, you can look up the 2017 Jan offer from Vango or Dampier/ZAGs website. Key terms are there. Read it before you jump into any conclusions.