Not so sure.
Basically Chinese playing games. They should have done a better job. Simple.
The rail is the big problem. Its a mess. There is no set structure for it unlike the Port which had a simple tender & winner aspect.
The chinese are showing true colours that they play hard ball but the gov has no set procedure to knock them back this time.
As for them working together - Nope not going to happen.
Might be time for the Chinese to buy out Mitsu & then control MMX. Thats there only way around it at the moment.
OPR in trouble though as all customers are chinese backed & even equity partners in Yilgarn. So will get no support. This i believe goes all the way back to when the Mid West Alliance was broken & the chinese GBG Midwest broke away from MMX.
- Forums
- ASX - By Stock
- MMX
- sino take over certain
sino take over certain , page-4
-
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MMX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online