MMX 0.00% 4.7¢ murchison metals ltd

sinosteel wants more iron ore, page-6

  1. 2,243 Posts.
    Merry Christmas Tyronne

    Thanks for that info.

    See a couple of good points.

    1. Ore prices stablizing demand returning.

    2. MMX & Midwest to co-operate in some form. To take advantage of the cost savings available they don't need to merge t/o etc. Just come to an agreement to work together & share costs.

    3. Change in management could see change in strategies in midwest from sino.

    4. They will progress with midwest which means OPR is required. They may come to agrements on midwest using our rail system in return for agreements on cost savings on the two mines.

    Forget the corporate plays these two have had there fun. Get on with business work as one where beneficial.

    GBG, MMX, MIS & MGX (to some degree) will definately support the need for Oakajee. Plus gov push to put in some money. All looking good for the future.

    Fix CHM mess & we can start to move forward again.
 
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