MMX 0.00% 4.7¢ murchison metals ltd

mis shambles, page-7

  1. 1,050 Posts.
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    I didn't say everything was hunky dorey, I said the ASX wouldn't have a leg to stand on about the sp rising near the close.

    Law & co are looking shiftier by the day but have got their grubby hands on a decent resource. The for sale sign will be up as soon as they get their oppies. 7 rigs on site to drill the guts out of it before then to prove up more resource.

    Best case from here will be;
    - MIS prove up a good resource
    - Sino make a revised bid which Law & Co approve after May
    - They take their millions and f... off
    - MMX wins the infrastructure tender
    - MMX/Mits/Sino all form a JV
    - MMX runs the mining and infrastructure and gets it started asap
    - All parties happy except a few burnt within MIS along the way.
 
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Currently unlisted public company.

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