Murchison won't deliver Weld Range: Midwest

MIDWEST chief executive Bryan Oliver believes synergies could be delivered in a merger with its bidder Murchison Metals, but he does not believe the latter can deliver on its Weld Range iron project.

Murchison won't deliver Weld Range: Midwest Murchison won't deliver Weld Range: Midwest Murchison won't deliver Weld Range: Midwest Murchison won't deliver Weld Range: Midwest Murchison won't deliver Weld Range: Midwest

In a conference call to reporters this morning, Oliver said the takeover offer from Murchison is "grossly undervalued" and presents some key concerns.

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