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.
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Dont forget beyond the court case they have- unplainted...
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