quit date - clarification of announcement, page-3

Hi Wipeoff,
According to the agreement between MMK & FMS, MMK has the flexibility to walk away when ever they want to, and the maximum penalty payable is ~2+Million, (which in the scale of things appear to be peanuts)
so i highly doubt they would go through all this trouble and unfavourable media coverage to get out of the deal.

Further purely from a economical / commercial perspective it makes absolute sense for them to "OWN" the primary raw material that goes in to their final product (steel billets) which help them mitigate any risk / fluctuations involved in iron ore.

Therefore the deal is definitely "ON" if common sense is to prevail.

Regards
Chuck