From SEDAR"The arbitration tribunal has not yet issued its ruling in the proceeding. The Company anticipates results of these proceedings in the upcoming months."
...
"As Range obtains reliable information on these activities in the Khalakan Block, Range will make disclosures to its Shareholders in accordance with regulatory requirements."
... and ...
"The GPK shareholders agreement requires each shareholder to fund its proportional share of cash calls based on its shareholdings. If a shareholder fails to fund its portion of these cash calls, the non-defaulting shareholder will have the option to fund any shortfalls and thereby increase its relative interest in GPK. Should the non-defaulting shareholder decline to fund any shortfalls, a buy-out event may be trig
gered under which the defaulting party’s interest may be purchased by the non-defaulting party for a price pre-determined by a formula in the shareholders agreement."
I'd really like to know more about the "formula in the shareholders agreement".
GLTA / Bubo