Mt. Gibson Irons 280 million dollars hostile bid for Aztec Resources has turned nasty, with Mt. Gibson questioning whether Aztec's finances can last beyond this month, according to a report in The Western Australian. Aztec has fired back, saying that a 100 million dollars bank facility for its Koolan Island mine would be in place within days, and accused Mt. Gibson of "diversionary tactics" after its takeover bid stalled.
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