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Can Indirect() Work Using Closed External Files??

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Workbook A has a cell that gets data from workbook B as an external link.
It does this using the indirect function because it needs to concatenate the
path and filename from other cells.

Problem is that if workbook B is closed, the cell in workbook A shows #REF!.

So can indirect work using closed external files or must the external files
be opened?

Is there a clever way of making that work?

Thanks!




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Edit: I have read this: http://support.microsoft.com/kb/271513
Doesn't seem to cover the issue I describe