AGO 0.00% 4.5¢ atlas iron limited

thoughts on merger, page-19

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    WRK merger has been completed; 41.2m shares issued to acquire.

    WRK had 26.4MT resource at 54% to 57% Fe plus 113MT to 221MT exploration target at 56% to 60% Fe.

    The new merger is obviously a great deal for AXO holders (hence the "nose" is getting pointy); port access benefits for AGO are obvious. Question remains, have they paid over the mark? Will be inetersting to see the response from the professional analysts.

    Can any of the AXO holder shed some light on the proposed development costs for Balla Balla?
 
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