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Other offers still possible: Murchison

THE news of Murchison Metals’ sale of its stake in Oakajee Port and Rail and Crosslands Resources was met with some trepidation by shareholders today, but the company reiterated that Mitsubishi Development’s $A325 million cash offer was just a starting point.

Kristie Batten
Other offers still possible: Murchison

Addressing the company’s annual general meeting in Perth this morning, Murchison chairman Ken Scott- Mackenzie said the deal had come after an “exhaustive and extensive” review process, but this was the...

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