The nickel price has dropped 10% in recent weeks cutting the margin. IGO is Australia's cheapest nickel producer. Lithium price, their big earner to be is thru the roof. Since negotiations were leaked to the Fin Review and the share price zoomed to $3+ I believe there is nil chance that IGO is interested. I might be wrong but if I held WSA shares I would be taking my money off the table. Good luck to those who hold on.
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Why I think that if IGO bids it needs to be at least $4.00 per share., page-154
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