MMX murchison metals ltd

Okay, Mitsubishi who openly expressed that it doesn’t want too...

  1. 10,494 Posts.
    Okay, Mitsubishi who openly expressed that it doesn’t want too much to chew on is snapping up 50% of JHEP/OPR at 51 cents with few conditions attached and a puny $3M break free.

    Remember Mits is not a company fronting up for a country that is:

    - the largest IO consumer and importer by far
    - that is paranoid about security of supply
    - spooked by unreliable Indian imports
    - already invested billions in the mid-west (including 2 mines in or were in production).
    - franctically trying to buy IO resourcs across the globe
    - may get frustrated with the takeover of SDL
 
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