Thanks for the additional info Justa. I am trying to think of...

Thanks for the additional info Justa.
I am trying to think of the mechanism the Mongolian business would affect the STX deal, who are only interested in the Australian assets.
I am also trying to think of a scenario that can allow an item material enough to have STX withdraw the offer but not material enough to inform the market.
This is absolutely not an accusation, but maybe there was some creative accounting tending to the shady side (but still "legal") which STX did not want to be a party to.
Whatever the impediment is, TPD should by now have worked out a way to either remove it or ringfence it outside the deal.
TPD with only Mongolian assets needs to get through at last six months with no income.

Logically, TPD should then immediately do a merge with TMK so avoid admin cash burn and still reap any reward from the coal fields of Mongolia. If there is some big potential liability lurking in the accounts it would be left behind in the ether.