The former Gov't did well in the tender process!!! It doesn't...

The former Gov't did well in the tender process!!!
It doesn't inspire a lot of confidence in the developer of Oakajee and the intelligence of the people running MMX.

Anyone who is a long term holder of GBG but unfamiliar with MMX's litigation that has dragged on for years, should bring themselves up to speed on the recent settlement and the comments from CHM.

MMX has done a 180 degree reversal from their strong stance of the last 4 years and has settled the long running dispute by way of a cash settlement, shares, and costs pay out. A complete reversal to what they assured their shareholders. But it just gets better! They still left themselves wide open to further litigation while cheering they are glad it is all over!

CHM, by its terminology in its announcement, is very clearly laughing their head's off at their good fortune- they can't believe it- and at the stupidity of MMX and their legal representation.

A good lesson here for the posters who naively put company representatives and executives on pedestals and believe everything that is said by companies.

A fair proportion of execs are far from genius calibre and "ALL" warrant a degree of sceptism. Look who is involved and the recent trouble they have been in.

CHM's announcement is the funniest ASX announcement I have read in ages and brings much joy to anyone with a legal background.