given IPL have an inferior RP resource which is high in
iron and limits their production a takeover by IPL
would make alot of sense as they would be getting MAK at
depressed prices and it may be successful at around $5/share.They will probably wait until the metallurgy is out in a few weeks and the JORC's.
At $5/share they would be getting an absolute bargain.
ipl takeover
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