litigation update, page-49

cransy

one problem with your feb date is that this is for closing submissions.

Then judge will go away for a few months to weight all the evidence up

This is going well into next year.

Add to this a potential appeal process and on it goes.

Meanwhile no big payment from Mitsubishi so MMX not really going anywhere

You used to talk about the 150 million in the bank, now its 100 million and working on two IO projects and port and rail design will be capital hungry work.

Foe CHM its sitting fairly comfortably with more cash due in from Koh and Evans settlement after costs are assessed. More of MMX funds going out the door.