pk is not useless ! crunch time for sino imo, page-5

excuse my ignorance matt747 have been reading all the posts and trying to get my head around the situation of mmx.
so what your suggesting is buy out mmx for a bill.


is it possible or viable for mitsu and sino to own 50/50 of jhep and 40/40 of rail in return for free funding 20% of rail to mmx.

6 bill for rail development at 20% is 1.2 bill free funded to mmx.

what is 20% of the rail worth up and running to mmx, would it be a viable outcome for all parties involved.

so mmx let go of jhep for 1.2 bill for a 20% stake in the rail.

would mmx holders rather get bought out or would they rather own a 20% stake in the rail link with on going revenues.


mitsu secures 50% from jhep and 40% rail link
sino secure 50% jhep and 40% rail link plus makes weld more viable and they both keep control of Midwest.

cost to both party's would be around 5 billion each


either way if mmx disappears to dust it would still cost other partys around 10 bill to get both projects up and running, why not sacrifice 20% stake in rail to mmx for holding the license to the project and get the ball moving asap.
from what i have read its cost 600 mill to get the rail to this stage already so essentially pay another 600 mill to take it of , mmx and nsw gov hands, secure yourself jhep and midwest.