RE: New Baldock interview from PDAC 2013 Between hmms and uhhs near the beginning of the interview, Baldock says that they decided to pay "a bit of compensation" (to Tullum) rather than risk dragging it out for years in the courts. A $12 million payoff for a company with a market cap of $100 million is "a bit of compensation"? He also says they haven't decided whether to do a phase 4 expansion at Selinsing. I thought that the funding needs for the phase 4 expansion at Selinsing was a big part of the reason they needed to do the dilutive stock deal to finance the start of Mengapur.
That guy can sure talk out of both sides of his mouth.