Only worthwhile argument is what is the true valuation of the mine, KM has once suggested $500M USD (from memory) and that is when their production cost was as high as the PoN of $8-9US/lb and they want to sell it for $230M USD??? when they have such low production cost so there must be something dodgy going on with the receiver and liquidators, i.e. giving incorrect production cost and inflating it or some misleading information as I can't see how someone hasn't offer a higher price, even at least $300M USD but it's somehow just enough to pay back the secure creditors debt.......
MBN Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held