CLE 0.00% 0.1¢ cyclone metals limited

when will the arbitrator decide?, page-2

  1. 2,674 Posts.
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    On 12/2/14 Kasper1975 said:

    "I know MCC had a new CEO last year and he's been in contact with CFE and seems much keener to get things sorted. Also I'm aware there is meant to be another major meeting between CFE and MCC in about a weeks time. The discussions have been ongoing for many months but i think the meeting coming up might be a significant one (maybe it's my wishful thinking but can only hope it will result in an outcome)."

    I don't know how he/she knows that but if true there may have been a meeting sometime between the 17-21 Feb. If so I hope theer is some good news to release to the market.

    From other articles I've read it appears that MCC have had a bit of bad luck/business decisions on a number of projects. They have deposited the $80 million in an escrow account so hopefully they want to get this resolved quickly, just like we do.

    Hopefully we hear something next week.
 
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