"It's true that we have had a look and they (Independence) fully expect us to have a look," But Ni was too high.
Then Anglo say if they T/O IGO they will sell Ni assets, cause they are into Au not Ni.
Well throwing a few HIGH figures around.
Anglo buy IGO for say $1b. Sell ni assets for $800m. Means they buy AU assets (Tropicana) for $200m.
Why not buy the Au assets only for $200m, leaving IGO with it's ni, IGO does a cap return and everything a lot less messy.
Figures are indicative only, alter them as you wish.
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