Gardie, offer is the wrong term, though resolution is probably more apt.
What this looks like I don't know, though your right the players just won't sell out cheap. Matt747 came up with 747 variations in previous threads.
I just don't see the mid-west league of nations and shareholders getting along and so at some point a cheque will need to be drawn for the IO at least and that may even mean saying goodbye to MMX and a clear party takes the lead.
I can't think or any successful JV's involving the Chinese, Japanese, Koreans and Australian Government and that's the predicament of the mid-west.
OPR is an entirely different prospect and just makes the head hurt thinking about it and though I too capitalised at the time, this should never been given under the current JV due to political sentiment at the time.
MMX Price at posting:
62.0¢ Sentiment: Hold Disclosure: Held
