MMX will get 50% of $78M.Then it will park JHEP on a skeleton...

MMX will get 50% of $78M.

Then it will park JHEP on a skeleton staff to see who blinks first.

The Chinese who have been playing drag the feet finds themselves in a state of anxiety for Ansteel and Sinosteel investment are neutered without Oakajee with each passing day.

Mitsubisi and Posco looks on as the chinese finally stump up $700M MINIMUM to buy MMX's slice of JHEP.

Share Price hit $1.5 and bob's your uncle.