Doesnt matter what happens, unless SFR shares go up significantly, MOD SP is not going higher than 45c.
This deal has denied any opportunity for MOD shareholders wealth to grow further. You want upside from drilling, take the SFR shares
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- Ann: Sandfire to Acquire MOD Resources - Investor Presentation
Ann: Sandfire to Acquire MOD Resources - Investor Presentation, page-35
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