George Jones doesn't mince words.
His Chinese connections is the strongest among Oz mining industry. Not that I agree with the 57c sale of SDL. I am still happy in light of the buying power.
To suggest that MMX will be wound up over a few million bucks is a bit silly when JHEP (3 Billion + ton resource) based on recent global transactions of magentite ore is anywhere from $1B - $2B. You guys do the sums.
Better still, how much has POSCO forked out for it stakes in MMX ??
kick the dog while it is down, page-3
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