Busy quarter leaves Murchison cashed up and ready for growth

AN ACTION-packed September quarter saw Murchison Metals offload its shareholding in Midwest Corporation, following the company’s acceptance of the Sinosteel takeover offer for Midwest, meanwhile its Oakajee port development plans also took shape.

Busy quarter leaves Murchison cashed up and ready for growth Busy quarter leaves Murchison cashed up and ready for growth Busy quarter leaves Murchison cashed up and ready for growth Busy quarter leaves Murchison cashed up and ready for growth Busy quarter leaves Murchison cashed up and ready for growth

Thanks in large part to its deal with the Chinese steelmaker, Murchison ended the quarter with $A165 million in the bank and no debt.

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