december 31st - the moment of truth

...."He said if a December 31 restructure that included all interested parties was achieved, he was confident Oakajee would go ahead"....

This is the first time we are provided with a timeline of the new structure.

In other words, MMX & Mits have for along time already accepted losing the exclusive rights come 31 December.

I wouldn't be surprised if the new structure has already been agreed to barring the fine print. Barnett wouldn't let part of the cat out of the bag if he didn't know in large part the deal is done and dusted.

Seems like a takeover for MMX by sino may happen as early as 1st quarter 2012 once Greg can say to the Chinese. JHEP + Certainty for Oakajee = Hard Cold Cash.

Take it or leave it.