NCR 0.00% 0.5¢ nucoal resources limited

A hypothetical negotiated settlement of $100m is equivalent to...

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    A hypothetical negotiated settlement of $100m is equivalent to 13c cash backing per share on issue (768.61m)

    Given Nucoal spend over $90m in isolation on exploration and development of Doyles Creek be it was expropriated by BOFs unprecedented legislative amendment.  Add in lost earnings, legal costs and US Investors rights under AUST US FTA I think Glady will eventually be asked the sign off on an even bigger cheque to make this go away.  Otherwise US investors will asks international arbitration courts to take it out of her hands with something substantially bigger.
 
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