I'm of the opinion that the take over of BON is close to zero risk, and in the long run is a risk mitigating play given the lower Opex for the Namibian phosphate.
The cash that BON has, according to AD in the Fin Review today, won't be used to develop Wonarah. It will be used to further the Namibian project.
drummond you must be joking, page-53
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