I think a snag to this merge scenario is the current gearing of MAC. Future financing and development of WL and SS could be delayed whilst MAC get their gearing/debt levels down. Having said that, MAC could de-lever quickly given the current Ci price.
Copper Hits Record Above $11,000 on Bets That Shortage Looms, page-12
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$1.99 |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1530 | $1.96 |
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