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I signed up! This seems more than bluff. I think some of you need to remove your rose tinted spectacles.

A British financial consultancy is suing a mining company and its parent for £14 million ($19.4 million) for breach of contract after they allegedly broke an exclusive contract to mine copper and other metals in Zambia.

J Robbins Capital Partners Ltd. has told the High Court that Zamsort Ltd. and two other companies in its corporate group owe the consultancy just over £14 million after a deal to mine copper in the African country went awry.

Zamsort, a Zambian mining company, entered into an exclusive contract with J Robbins as it sought investment for an untapped copper mine in the country, according to the June 14 claim, which has now been made public. The written agreements state that Zamsort would seek financial backing for the project with the aim of creating a new company and management team to run the mining operation and listing it on the stock market.

But Zamsort and its co-defendants — parent company Ortac Resources U.K. Ltd. and another firm, Arc Minerals Ltd. — broke the contract by approaching other finance companies and involving them in the project, the suit claims.

Zamsort used confidential contacts it had acquired through its exclusive relationship with J Robbins to make other investment deals linked to the same copper mine, according to the claim.

The Zambian company also discussed investment opportunities with third parties without notifying the consultancy, which was required by the contract, J Robbins argued.

The consultancy said that Zamsort would have successfully created a new public company to run the mine by now and would be enjoying the profits the mine had to offer if it hadn't broken the exclusivity agreement. It estimated these lost profits at £14 million.

Representatives for the two sides did not immediately respond to requests for comment on Monday.

Full counsel details were not immediately available.

"I don’t think they’ve got enough money to get a taxi to the High Court, let alone win a bogus case" they have got to the High Court you fool.

So if someone holds a position in a stock and is trying to get some additional information bulletin Boards are obviously not the place to ask! Think certain responses to my question are from holders who are underwater! Its not cheap to get to the UK High Court but seemingly this case has got there. Perhaps the company should make an announcement and set out their position. Not making an announcement is suspicious, shareholders need information upon which to make a decision whether to hold or sell.

Any thoughts on the litigation in the UK High Court. Does anyone know what the potential liability to the company is?
J Robbins Capital Partners Limited v. Zamsort Limited and others, case number CL-2021-000084 in the High Court of Justice of England and Wales.