Well the fact it's being discussed in parliament suggests that at least an outcome should be imminent...
In the next few months:
CHM uncertainty should be cleared (court 4th Dec or thereabouts)
$100m working capital facility signed. Gives MMX $150m + cash flow from Crosslands stage 1 to get them through to the next substantial payment from Mits
and either
OPR extension approved or
OPR extension dissaproved and China already shown interest in building it. Either way all uncertainty is cleared...
The only OPR news that would be bad for MMX is if no one wants to develop it because then how does Jack Hills mine.
Any other outcome is good. The fact Chinese want to build it suggests that it is profitable which in turn suggests that there is a cost-benefit to the prIvate sector...
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