I think RCF threw good money after bad at a time when the full story of mmx was not known. I knew it was a real possibility but they gambled.
They do get jack hills if mmx can't pay back the loan. Is this worth 100 million. I doubt it. It's needs billions spent to develop it and iron price prices are currently tumbling. Down 8 % last week alone.
The timing is all wrong.
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