MMX 0.00% 4.7¢ murchison metals ltd

barnetts confirms chinese participation , page-8

  1. 10,494 Posts.
    I think the answer is in what MMX already made public (it seems they definitely anticipated the Sino Steel stunt).

    That is they will sell down their stake of OPR (partly or wholly). I would say partly (preserving a small stake).

    This divestment is not so much a funding need IMO but rather to accomodate the wishes of the Chinese (fair enough).

    The Sino Steel ultimatum is just the calayst to finally seal the outcome.

    Therefore, despite Muzz hoping that you'd lose your bowel, in the end it's all expected.

    Just read the MMX announcemnt. It can't be more clear.

 
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