Valuation of Weld Range and Jack Hill leases has nothing to do with MMX market cap. Remember Mitsubishi 50% stake in Crosslands was based on valuing Jack Hill at $6B, paying $150M up front and committing $3B to development.
Additionally, if all was going to plan for MMX wouldn't their sp be heading for $13 according to Merryl Lynch?
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Valuation of Weld Range and Jack Hill leases has nothing to do...
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