Anyone remember the post from a few days ago entitled “Kal Malhi wants two point five million dollars cash”? It seems as though the players at the centre of it have had second thoughts. Here’s a NR out this evening which re-caps the situation, also offers a CEO quote or two but the reason the NR exists is this:
“Coloured Ties and Bullrun Capital have agreed to terminate the NSR Purchase Agreement, and the Company will not be pursuing the Arnett Creek NSR.”
Probably wise. Sic transit gloria mundi.