trash being talked lately

Here is some info you guy's might like from the horses mouth. I will start from my queries followed by responses.

Subject: Where to from here

I am a shareholder & am looking for some direction in which the company
is headed.

There has been reports in the AFR that MMX may legally have to down
grade its iron ore estimates. Could you please advise if this is
correct?

Are we due for any resource upgrades?

What is the directino of the company over the next 6 months now that the
merger which was to take most of that time is now finished?

Could someone please respond to me.

Thankyou

Dear Sir,

I refer to your email below.

Media reports that Murchison (or Crosslands Resources Ltd) may legally
be required to downgrade previously announced JORC compliant mineral
resources for the Jack Hills project are incorrect.

Murchison will be releasing its June quarterly report in the next week
or two and that will outline the company's strategy for the immediate
future.
In short, the company will be concentrating on assisting Crosslands to
progress feasibility studies for the expansion of the Jack Hills
operation and continuing to seek approvals to commence an exploration
program at the company's Rocklea project in the Pilbara. As you may be
aware the WA government is due to announce the preferred developer of
the proposed new port at Oakajee by the end of the July and the company
obviously has considerable interest in the decision.

Yours faithfully,
MMX

Thankyou for your reply.

This puts me at ease in relation to the resouce estimates.

Interesting times ahead, goodluck for the Oakajee project.

As a shaeholder there are some interesting movements in MIS that may
still be affecting MMX. Harbinger are buying up were possible. Do you
know if this is in conjunction with MMX to force Sinosteel to a merge or
is this Harbinger trying to get some of there money back.

We also await the FIRB decision on Sinosteel. If they do get approval i
hope MMX management set a lot higher price than the current SP & if
Sinosteel don't get approval my guess is that they will then come for a
merge.

If they do i hope MMX go for better terms than last time & they don't
value MMX based on the SP. Sinosteel will just play with the SP to keep
it down then merge on a SP value that wouldn't reflect MMX's worth. That
advice is for Free. LOL
Your current advisors don't even deserve their fee, they made an
absolute mess of it. But no point crying over spilt milk now. But i'm
sure the games aren't over yet.

i look forward to a recovery in the MMX SP & hopefully the whole global
market which would obviously help us as well.

Thanks

I refer to your email below.

In respect to your query below regarding Harbinger's acquisition of
shares in Midwest, I can advise that Harbinger are acting independently
from Murchison and there is no agreement or arrangement between
Murchison and Harbinger with respect to Midwest.

I can also assure you that the Board and Management of Murchison are
focussed on working for the benefit of all shareholders and that will
hopefully result in an improved share price notwithstanding the current
difficult market conditions.

Regards,
MMX