It just occurred to me that the extension being granted by Barnett and the insistence by MMX and Mitsu to wait for the BFS is part of an overall strategy to actually flog JHEP to the chinese.
Even the stepping down of PK is all smoke and mirrors.
You see without the BFS, JHEP viability couldn't have become official and it couldn't have been sold prior to that. Now, the chinese know what they would be buying.
Some may speculate the chinese wanted to undermine MMX up to the point of the BFS via the media and the shorting of the sp in the preparation of the transaction.
It all makes sense.
The conciliatory voice of GM to sino is a dead giveaway.
MMX never intended to mine JHEP but to sell it for a nice premium.
Mitsubishi and MMX can simply sit on JHEP and Sino & Ansteel are stuck without Oakajee (if JHEP is "parked" even when OPR loses exclusivity !)
mmx - master stroke of genius !
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