Ann: Settlement of Warriedar Acquisition , page-2

All cashed-up now...

Interestingly MMX (Murchison) got $300m for 50% JV project, I wonder what they will do with this money? Some say they might return to share holder & de-listed. MMX has almost no project after they sold their main project.

I wonder if MMX is interested in SA iron ore, if they still interested in iron ore business. ROY would be the front-runner in SA with railway & port. MMX almost gone because of railway & port issues, ROY got everything setup (railway, power, port etc.). Pilbra is too clouded, mid-west MMX just sold out, only place left in OZ is SA iron.

Once ROY get 1+ bt, feasibility study done with infrastructure, may be MMX might be interested. IMO.