deal close on oakajee port and rail

Good luck to MMX holders dont think it will be a lot but should see some volume tomorrow.

Cheers
Hotlegs

Deal close on Oakajee port and rail project rescue

by: Rick Wallace, Andrew Burrell
From:The Australian
November 23, 201112



A DEAL that could allow Japan's Mitsubishi to rescue the struggling $5.9 billion Oakajee port and rail project in Western Australia may be announced as early as this morning.

Murchison Metals is expected to reveal it will offload its 50 per cent share in the project and the associated Jack Hills iron ore mine to Mitsubishi, its joint-venture partner.