MMX 0.00% 4.7¢ murchison metals ltd

sinosteel close to full midwest control , page-2

  1. 2,243 Posts.
    Forgey CHM we have our own problems or not.

    Wow what a back flip from spinless Paul. Bet CHM were watching & think he will crumble three days before court decision. Why not give the $135m to CHM and say good bye.

    What was Paul thinking. I think CPG got in his ear told him the market is no good & he thought i'll sell.
    This holding was never about making money & never about the market. It was a deliberate block to force Sino's hand. So no matter what the market price Sino would always have paid over $6.38 at any time to get that 10%.

    What about harbinger. They will be pissed off. Look for them to drop MMX quick smart. They bought on the idea of a merger & MMX stop hold. Man they will loose on their 15% by approx. 50cents per share OUCH!

    But is there some dirty deals done here. Surely more than we will not increase the offer has suddenly scared MMX & Law to resign & probably sell in the last two days.

    Has the gov decision been made & we just don't know it yet. Would that indicate Sino have said take our $6.38 & we would give you a price of XXX on T/o. Then Sino would get there $135m back as they would t/o MMX.

    Something funny has happened for sure. Lets hope its in our best interests. Otherwise its time for Paul's head.

 
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