I am still flabbergasted by PGM's late legal action over Munni Munni. So are EEE shareholders on sharechat. If PGM had a preemptive right of first refusal over MM, then why wait for nearly 3mths before making a fuss as the deal was announced a while now? So preemptive right is very unlikely to be the case. So what is their beef? We know the EEE deal is subject to third party approvals and consents which means PGM has to give their ok if the deal is to proceed. So it looks like PGM had a change of heart and brought on this legal action as a pretext to not to give their consent. Why change of heart? MM results coming up may be looking tops and PGM is having seller's remorse! Time will tell as we expect the drill results soon.
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