share buy back 1.67, page-18

tooli,

*you are incorrect in stating that CHM are only climing 5% of Jack Hills. This is only one of the cases in which CHM have an 80% interest in on behalf of Koh and Evans. The primary and larger case is for a much more substabtial amount of MMX holding in Crosslands. In total, claiming potentially over 25% of the assets. And if MMX are found to have breached the Corporations Act in relation to the way the funds were acquired and then used they could potentially be completely stripped of the assets.

*CHM claim has nothing to do with market cap of MMX like people keep stating in this forum but is in relation to the MMX holding in crosslands. So it does not matter if MMX has a market cap of 500mil or 2bil it is related to this holding in Crosslands and the assets book value not MMX share price. Compensation does not have to be in the form of MMX shares. It can also be part cash, direct ownership of the asset or the transfer of crossland shares into CHM.

any way, just a little more info for people to digest.

look forward to seeing the US movements tonight, should make for an interesting day tomorrow.