ripe for a takeover, page-3

No chance

There are better returns else where in this sector. Mmx will be lumbered with MASSIVE debt going forward and thats if all goes well

In case you missed it debt is out equity is in.

Why do you think Mitsubishi are looking to exit. The risks are too high for money you have to outlay. Add Labor sovereign risk and why would you bother. Low resource. Bad mgmt etc

Mmx bit off more than it could chew. A BFS under 5 billion may stabs IDE the price but at what level 50 cents. NTA and DIscounted value mean nothing in today's market. Those were values from years ago.

You saw what happened to Midwest intrinsic value.

I fully expect mmx as we know it today to go under unless they are saved by some third party.