Paladin Energy Ltd PALAF

"very grave legal "statement

[inves20]

What he probably means is, an i'm only an amatuer, is that the Chinese by not following through on their promise to buy the next 24% of LH, that the stall itself was their fault alone and therefore they cannot now come back and exercise their right to take over the whole of LH in insolvancy situation, because it was of their own doing, that could lead to the situation. They will have no legal grounds if they do not wave their right now and agree to take on shares in the entire company.
It is better to own part of a larger mining company with many projects, than to try and steal something and land up in court battle and governments potentially blocking any take over. Australian and Canadian Governments can still act in this situation and we shall have to see what is happening by Monday.