Phoenix Associates Land Syndicate (fka PBLSQ)

[Rally Cry]

A sub-lease is when an outside company is allowed to pay a "fixed" amount a month to mine what they can, haul it out and sell it. That's the contract these 2 companies were found to have signed.
A sub-contract would intail paying the two companies to mine the pit.

PA's defense was that he wrote into the contract document itself that it was not a sublease, therefore it wasn't.