CFE 11.1% 0.4¢ cape lambert resources limited

who is mcc

  1. 1,130 Posts.
    if we have a partner as reported in westralian in MCC, then pl take fol link to know who this fellow is:

    http://www.mcc.com.cn/english/Index.asp

    in summary:
    -central govt enterprise with assets at rmbY 83billion (approx aud$14bil)
    -4th most profitable govt enterprise
    -has joint venture pelletising plant in china with brazil's vale
    -subsidiary MCC(australia) set up for joint ventures in resource projects

    DEFINITELY as different as ding from dong!

    therefore:

    - no problem with any payment commitments
    - no problem with project funding or raising finance
    - no problem with long term takeout contracts
    - no problem with long term financial outcome for cfe

    i only hope it would not turn out to be another party.
 
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