I believe CHM if they got 40 million MMX shares and a couple of...

I believe CHM if they got 40 million MMX shares and a couple of million cash would be happy.

$80 million of MMX stock at todays prices would be a good result. I am guessing, but if the funder say got 40% this leave 24 million MMX shares which I think sooner rather than later post this would be $5 stock.

MMX clear of this matter with the share registry they have and the dual IO assets and port interests have strong upside.

Even with the number of shares and options I think this would see CHM at about 10 cents in value which for shareholders who got in early would be a good return.

For MMX even with a dilution I think they would move up quickly once the mkt digested.

Unfortunately I think its ego's driving this now and for both sides its an all or nothing game.

Mitsusbishi I guess just want certainty and probably dont care who owns the other shares as its Crossland developing the IO assets. THey wont be paying anyone anything more and I am not sure what it means for the first 150 million paid.

I think you are right that it is heading for court but it still makes no sense if all MMX are relying on is the word of past directors and management who appear in everything else they have done to be dodgy.