MMX murchison metals ltd

Mitsu have been screwing MMX since the day they did the JV ,they...

  1. 441 Posts.
    Mitsu have been screwing MMX since the day they did the JV ,they are on a buying spree in australia and have spent nearly $7Billion recently on 2 purchases they could fund OPG and JHEP which is what the original agreement was ,they arrange all finance and provide up to $ 250 Mill to MMX for any short falls . Long term at $ 1 Billion MMX with Half of OPR and JHEP is a Bargain long term .Strange that BHP and RIO with their long term relationships with Mitsu arent making bids or is the plan get it for $325 Milln then split it and share costs what a deal ,could the Feds have the Gall to allow it ????
 
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