RE: Same old same old20 Mar 2025 15:27
Boring Boy, you really are incapable of reading anything aren't you?
Parfett was saying that even if RRR gets its VUP monies in settlement, it makes no difference because it all gets eaten up by existing liabilities. So if you were an intelligent person, you would realise that there are two key questions: how much cash is he projecting and what does he think the liabilities are?
The best way to obtain information is to ask a question: not something you bother with because you already know everything in your lycra clad world.
As to no evidence: the whole point of the process RRR has been going through was to secure confirmation of who owned what and then obtain its share of the $20mil.
The commercial court in Lubumbashi awarded RRR 50.1% of the JV and confirmed the licences were JV property and costs and damages against VUP.
VUP were suing Gecamines and Glencore jointly for the $15mil held at Gecamines but obviously, as always, you know better...... So as always in the face of evidence, you state there is no evidence.
DYOR