mmx winner

Information published by the Australian can be interpreted that MMX current shareholders will be winner.

GOV must contribute to extra fund to project if GOV does not want overseas GOV to control indirectly WA port --- Good for MMX.

China & Co invested hugh amount of money in the area. It needs to have port to deliever products. It will be happy to be involved ---> Good for MMX because China cannot dictate the term of any commercial agreements.

Japan will bring China in to ensure that its risk will be minimised.

It is certain that MMX will raise fund for the project. We do not know how much and when MMX will take those actions.

At this stage, it seems to me that MMX put gun into WA GOV, Japan and China heads. People do not like MMX behaviours, but it should be good for us. Small guy control big project with reasonable risk.