Yes Crans, MMX 2005 Annual report....mmx maintain $1.1 mill cash plus 80 mill 10 cent shares and 30 mil options...which thay maintai 11 mill...plus about 4 mill so far in royalties.(Which chm argue does'nt count) however my mail is that the so called expert introduced in court by CHM was carved up by MMX legals....and their own expert from Aust leading accountant firm much more credible arguement...Plus MMX argue around 50 mill spent on development by MMX has to be included cos this has to be applied get the project up to todays value of 800 mill (arguably)..
All reasons why the smart money, china inc, etc etc are'nt buying up CHM at 2 penny's a share, I may be crazy, the worlds investors may be crazy. but i get the feeling only longshot gamblers and hopefulls feel that a 30 mill market cap coy is gonna be winning a SUBSTANTIAL slice of a major io project in a landmark Constructive trust remedy...dyor...Oh and well posted mike1972 thumbs up..
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