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WPG raises $85M to progress Deutsche facility

EMERGING South Australian iron ore producer WPG Resources has raised $A85 million in new equity a...

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WPG raises $85M to progress Deutsche facility

The market frowned on the news, however, with shares in WPG down nearly 19% in morning trade. The company is required to have a minimum $70 million in cash, either through the issue of new equity or...

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