MMX 0.00% 4.7¢ murchison metals ltd

Obviously, the deferral of the release was to wait for CB's...

  1. 10,494 Posts.
    Obviously, the deferral of the release was to wait for CB's return from China to see what?s the latest.

    It's good that MMX indicated there may not be a deal that they can take back to the share holders (meaning they won't bend over backward and forward for the Chinese).

    Judging from the following, I would not be surprised if MMX will also take it nice and slow with respect to flogging off JHEP and continue on with shipping 2MTA for a small profit until the Chinese say...."Okay, we'll write the cheque....you win"

    ....."Murchison and its partner, Mitsubishi, are evaluating a number of options, ranging from revised tariff models to a broader based restructure of OPR, in an attempt to reach a balanced commercial outcome with OPR?s targeted Foundation Customers".....
 
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