MMX murchison metals ltd

mmx is in trouble, page-23

  1. 5,116 Posts.
    Even if you guys are right and MMX is as guilty as sin of taking CHM's money and CHM can prove it, the amount is very small somewhere between $150,000 and $500,000 from what l have read so all they will get back is that plus interest unless they can prove there was a constructive trust which is very difficult and if they do, then if JAck Hills cost $11m , they put in $500,000 (5%)at most and its worth $850m now think , so around $40m would be the asbolute miracle best case situation for CHM and remember $20m of that goes to the Litergation funder. l think MMX has $150m in the bank and no debt so $40m is'nt the end of the world
 
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Currently unlisted public company.

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