MMX 0.00% 4.7¢ murchison metals ltd

trading halt, page-54

  1. 2,516 Posts.
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    The non holders are winning in the posting race. Never mind.

    Keep an eye on GBG to get an idea of the re-open price. It traded down 6% Today.

    Here is a story in the smh:

    "WA Premier Colin Barnett has previously said if OPR did not proceed with the project, the government had an option to buy the intellectual property.

    He has also been lobbying senior Chinese government officials to invest in Oakajee"

    If MMX get their money back with interest and get to use the rail and port, we need to value MMX as a miner only which means there is value there.

    http://news.smh.com.au/breaking-news-business/oakajee-port-project-takes-major-hit-20110623-1ggwz.html


 
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