pk is not useless ! crunch time for sino imo

Food for thought ! Again, it's pure conjecture but the circumstantial evidence is compelling.

First and foremost none of the major shareholders have jumped ship since the sp rout (it's hard to pinpoint how much was due to negative media manipulation, how much was market panic and shorting by certain future STAKEHOLDER of MMX ?). Someone said, Sino has even been buying through a conduit....Hmmmm

Now, it takes at least 3 months to tap someone on the shoulder and to come on board in a CEO level appointment. The plan to get GM to take over from PK has been months in the making (one would have thought). Perhpas even before Barnett announced the extension back in March. In his first major media interview, he calls himself a business man (a man on a mission - to work on a CONTROLLED transaction). Good Lord !

Why have Mitsubishi and MMX persistently insisted on the BFS being extended - simple to prove up the resource and attach a PRICE TAG to it. Are you naive to think neither Mitsubishi and MMX (for that matter PK) knew OPR was too much to chew on until the day the BFS was received before the trading resumed. LOL !

Why didn't he sell his stocks and bail out at $1.5. PK's 22,280,000 shares would have lost in value by $21M even from $1.5

Why has UBS this week come out with a report with a target price of $2.1 per share (assuming Oakajee will happen), despite the nonesense newspaper article suggesting UBS has abandoned MMX. (We all know Oakajee will happen, it's just a matter of structure) LOL !

GM came on board and Presto ! Within days MMX's entire corporate agenda changed from being that of infrastructure wannabe to becoming NOT a miner but a mine seller ?? Isn't that a bit odd. Hmmm...the BFS !

Why is GM formalizeing the sale of JHEP by appointing a firm to advice on this ??

Hardly a distressed sale. If anyone, it's NOT the Chinese but Mitsubishi and MMX who has all the time in the world. They own JHEP which accounts for at least 50% of the freight.

If anything, it's the Chinese who see MMX as deliberately stalling. The Chinse certainly did 't want to see a VIABLE JHEP and OPR report and now what UBS has come up with as a fair price.

If Sino says to GM, "Hey, I'll buy JHEP and pay you a premium over the sp of the last trading day of 69 cents"...GM would say...."Take a hike. Any share movement south of $2 was your handy work and the pen for hire"...."Good Try"..."Now how about start factoring your premium from $2"...

Sorry Frank, all is not what it seems.