MMX 0.00% 4.7¢ murchison metals ltd

Good post PSi. OPR is now a burden and the only interest I see...

  1. 8,877 Posts.
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    Good post PSi. OPR is now a burden and the only interest I see will be from interested parties.

    I reckon the breakdown of OPR will be something like this:

    GBG 9 %
    QRN 5 %
    Sinosteel 49%
    New Jack hills owner ?? 15 %
    Maybe a few other Midwest miners. 22 %

    The project will be handed to them by MMX or the state government.

    There will be little recompense for work completed as the future funding is the Burden.

    As PSI said OPR will be about getting these interested parties iron ore to the market and not about making a ton of money from it.

    OPR will be designed to break even.
 
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