Interesting take on it Roeroc but not how the press is calling...

Interesting take on it Roeroc but not how the press is calling it.

MMX has 70 million in the bank but is has commitments to progressing its 50% interest in port and rail and iron ore projects.

Its partners arent going to support MMX so its going to need cash.

This time last year I believe cash at bank was 150 million for MMX so it has chewed through half.

MMX doesnt have the resources to keep dragging this out as much as MMX shareholders would like to believe it would.

Also a win for CHM see's all its cash come back and then it is MMX having to put up security for costs with the FE project put on ice until dispute finished.

Nice take but not on the mark IMO