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Nanjinzhao Requests Revisions To Pampa De Pongo Purchase Agreement Declines To Pay Usd 10 Million Deposit For Pampa De Pongo Iron Ore Deposit Unless Purchase...

By TechAgreements

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Negotiations among the parties are ongoing, and Cardero will provide further news as soon as available. However, there can be no certainty that the agreement will be successfully amended or that any purchase price that may be agreed will not be significantly lower than USD 200 million.

Full post as published by TechAgreements on May 26, 2009 (boomark / email).

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