A3aziz No it wonn't, if MMX 50% of OPR is sold and OPR goes ahead then MMX will recieve - 1)Substantial payment from Mitsubishi for Mitsu's 50% of JHEP. 2)Some compensation or payment for their 50% of OPR. 3)Mitsu are required to provide Murchison up to $400m in contingent equity facilities under "Umbrella Financing Agreement" with MMX.
Not sure what all that will add up to but it will be a significant part of $1.85b, MMX then be in a position to arrange debt funding for the remainder (which Mitsubishi has to do under the Umbrella Financing Agreement)
Do some research!!!
MMX Price at posting:
56.0¢ Sentiment: LT Buy Disclosure: Held