mmx's problem

MMX's problem?

One Word: Mitsubishi

I'm not blaming the media. But so many conflicting news and reports show one day Mitsubishi is commited to Oakajee/Crossland, another day it says Mitsubishi is not committed.

If we replace Mitsubishi with Sinosteel as the 50% JV for both Crosslands and OPR. Then the MMX share prices would be probably around AGO's price or higher.

In summary, Mitsubishi is a symbol to MMX of instability, whereas Sinosteel is a symbol to MMX for stability.

If Mitsubishi is really concerned about its investment and potential cost commitments, I say maybe they should sell their 50% share of Crosslands and OPR to Sinosteel.

Full stop.