re: Ann: Deutsche Bank commitment to US$120m ...
money talks,and the money has spoken up in support of wpg.
been in this for years,and this is the best funding offer to get into production wpg has seen.
even during the iron ore boom, the offers were for a big slab of the company,a big slab of the project and control of the offtake in return for getting things up and running.
wpg shareholders have the best exposure to the income stream from the project with this offer compared to the previous extortion attempts.
WPG Price at posting:
74.4¢ Sentiment: None Disclosure: Held