gloating, page-3

Puntman,

Not sure where your rant is coming from. I can see sour grapes than anything.

Don't think posters "love JH and OPR" in hands of foreigners. Some of the posters here just convey that MMX could not handle their end of the bargain to develop JH or OPR or both...and they stated their mind. Turns out to be correct and there were many warnings that lead to this starting from a press article back in Feb 2011 warning of the cost blowout. On a business sense these posters made the right and sensible call. For holders that held shares in MMX that chose to hold ... that was their decision. Now it turns out that its not a good financial decision. So why don't you spare us of this 'nationalistic crap' of Un-Australian.

On Mitsubishi screwing MMX, its business and the bottom line is the dollar. The day that Mitsubishi entered into the JV with MMX back in 2007 and today ... the economic environment is vastly different. Now MMX cannot get money to re-finance the loan which means there is a risk of liquidation, Mitsubishi made an opportunistic move which made business sense. The corporate direction disaster lies in the hands of the MMX management. I bet you its this was an asset in another country and MMX was the predator it would have done the same thing and MMX holders would be applauding the move.

On the "illegals knowing more rights than the average teenager" I think its because our teenagers are probably lazy and should study more.

Preference to "Non English and Non Christian" ... I suggest you take a look at the overall immigration of this country rather than ones that make the press.

I would love to see Jack Hills, Weld Range, OPR, Mount Gibson, Southdown etc... developed by Australian companies but the reality is that the Australian companies such as Rio and BHP (not sure if these are also foreign majority owned as well) do not want these projects. They have their own. FMG you may say is an Australian company because of Twiggy but I can assure you most of their debt is foreign so in a worse case scenario FMG would be foreign owned if the debt covenants are breached.

The MMX deal with Mitsubishi may not be the best deal that all shareholders want cause many entry price was well above $1, but in the absence of a superior offer what else do you expect management to do.