With no signs of any corporate deal before the end of year one has to look at MMX post OPR.
MMX withdraws from OPR leaving Mitsubishi as stand alone owner free to negotiate with new entrants, under this scenario can't see if or why MMX would get any funds out of OPR. At best MMX will be diluted to a vey small stake as incoming parties would not feel obliged to give any money back to MMX.
or
OPR - surrenders mandate and gets $80M(?) from Barnett which is split equally between Mitsubishi & MMX.
Any further thoughts?
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