MGX 1.67% 29.5¢ mount gibson iron limited

They could start the cash hand-back now if they abandon the...

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    They could start the cash hand-back now if they abandon the acquisition strategy.

    The only other option might be a merger of equals that doesn't involve a control premium. A merger with Grange Resources would enhance their overall depth of production management capability, reduce corporate overheads and provide greater balance sheet strength to develop the Southdown Project.
 
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