mitsubishi is suitor: peter strachan, page-6

so, why would mitsubishi buy the whole thing when it can not finance it ? makes no sense. Anyone who buys it will need lots of credit and the ability to absorb cost blow-outs. This is not the Japanese. The Chinese are suffering at Cape Preston, and if they buy MMX's share in Crosslands they will park it until Preston is up and running and producing magnetite at close to nameplate capacity.