for sale, page-24

Read GM's interview again.

He has given us a lot of clues about what's happening.

Unless Sino Steel and Ansteel (btw, China is the one and only reason why any mining companies - not just IO - is worthy to invest in) are going to walk away from the Mid-West for good, then JHEP has to be developed (for Oakajee can't be justified).

For JHEP to be developed, Chinese capital has to be involved. We all know a corporate transaction to buy up MMX in entirety is now the solution.

Sino has been eyeing MMX before they reluctantly bought Weld Range. Now it's their chance. No need to pay $6 anymore. What a bargain.