Matt, think you need to check the detail of your statement. WPG have access to their own Port Pirie port, acess to rail network, funding in place and will be shipping out iron ore next year independently as planned.
Nice to see the bid but the company stands strongly on its own if bid disappears. No doubt share price would dip but not end of the world hysteria please.
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$1.52 cash backing plus coal and port assets , page-19
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