MMX murchison metals ltd

mitsubishi�s oakajee needs better plan, page-4

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    PP

    MMX not repsonsible for funding OPR !!!!

    Where did you get that. MMX do have to find funding for OPR. Just a few weeks ago they had to borrow up to 100m for OPR and Jack hills funding.

    'The Facility will provide Murchison with the ability to draw, at Murchison's election, up to US$100 million to fund its share of expenditure to progress the Bankable Feasibility Studies (BFS) for the Jack Hills Expansion Project and Oakajee Port and Rail Infrastructure Project.'


    '' Murchison has a 50% economic interest in independent infrastructure business, Oakajee Port and Rail (OPR). The remaining 50% economic interest in OPR is held by Mitsubishi. OPR's integrated port and rail development proposal will provide world class logistics services to miners (including Crosslands) and other potential customers in the mid-west region of WA. ''

    http://www.egoli.com.au/australia/murchison-metals-limited-asxmmx-secures-us100-million-bridge-finance-facility/

 
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