chm liquidation, page-4

Dont forget beyond the court case they have
- unplainted tenements
- MMX shares
- Cash that will come back when cost securities are returned after CHM win no matter how small.

Doesnt seem like a company heading for liquidation to me.

Know lets look at MMX

100 million in the bank and a half owned subsidiary wants to build a $4.7 billion port and rail project.

MMX shareholders would be dreaming if they think Mitsubishi are going to carry MMX through this project. Wheres MMX equity coming from ?

The days of 100% debt funding are gone. No cap raising could occur until court case and appeal process if MMX decide to appeal is finalised.