MMX
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0.00% 4.7¢ murchison metals ltd

Yes as they said it was a " LOAN" agreement between the two...

  1. cranswick
    5,116 Posts.
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    15/10/09
    10:03
    Post #: 5781492
    Yes as they said it was a " LOAN" agreement between the two companies which means theres no constructive trust and the worst case situation for MMX is that it owes CHM around $150 grand and interest , as MMX has a cool $150m
    collecting dust in the bank and no debt, l don't think $150 grand and interst would cause any concern, they would spend much more on corporate lunches each year probably.
    MMX Price at posting: $1.64 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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