MMX 0.00% 4.7¢ murchison metals ltd

re sp, page-6

  1. 2,243 Posts.
    Yilgarn & OPR are both allowed to build a railway line. However the gov says think first shorely it's not viable to have two.

    Apparently Yilgarn can build there own birth at Oakajee as conditions of tender (Like a lollypop to the loser so they don't cy).

    In the press notes they say the loss on Oakajee greatly effects the value of Yilgarn for when it try's to list on the ASX.

    Also they have only agreed with GWR - One of the smallest coy's around the area. As i said previously GBG, MIS are the ones that count.

    Yilgarn are tied in wih MIS but we all know the problems they had.

    Its basically an agreement of if we build would you come to us. A bit of PR really.

 
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