Ann: Murchison Metals 2011 Full Year Results , page-2

Obviously, the deferral of the release was to wait for CB's return from China to see what?s the latest.

It's good that MMX indicated there may not be a deal that they can take back to the share holders (meaning they won't bend over backward and forward for the Chinese).

Judging from the following, I would not be surprised if MMX will also take it nice and slow with respect to flogging off JHEP and continue on with shipping 2MTA for a small profit until the Chinese say...."Okay, we'll write the cheque....you win"

....."Murchison and its partner, Mitsubishi, are evaluating a number of options, ranging from revised tariff models to a broader based restructure of OPR, in an attempt to reach a balanced commercial outcome with OPR?s targeted Foundation Customers".....