MMX 0.00% 4.7¢ murchison metals ltd

great news, page-3

  1. pp
    2,343 Posts.
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    integra

    so lets assume sino will takeover mmx how much they have to spend...

    obviously if they want share holder approvals they need to offer around $1.5 per share

    with 435m shares it will be atleast $1.5b
    now JH funding required approx $5 billion

    how can sino afford $6.5 billion and mind you i havent added OPR sell value in it because I simply cant calculate it...
    Barnet already repeated a sentence couple of times saying
    "They have six months and if they cant show funding arrangement without delays in a sense project will revert back to Gov"...that should ring us bell as a murchison shareholder...

    mmx is fixed in properly by a politician mate...Martin talked about selling JH but posco is only their for JH ore ...if they sell it why whould posco needs to be there...

    I am sure they will be waiting for six months and sino will just get into OPR with only $50m

    what option would u choose if u r sino CEO...

    $50m for OPR after six months or $7.5 b for buying murchison outright...






 
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