Very few charts look sexier than this baby, page-2467

We are looking at the 2nd highest volume day since April here.

Yet the SP spiked on high volume and covered back on low volume
now is a wait phase as accumulater sucks in the pip traders and cappers lower from 5.0 to 4.6

Takeover you say
MCR has no funds or capacity to do that
Only suitors possible on my book are - BHP IGO AFAF BMM RIO Gina FQM Glencore MINRES

At the 2021 AGM the chairman stated sheepishly we will consider any t/o offers.
In reality I think they are wanting a new 20% large holder to sweep out the deadwood backstabbers in BMM AFAF

I cant see AFAF selling anymore out here (he has/had increased in MCR PAN WSA).
BMM still likely flip the lot at 7-10c again

AFAF has already lost his BOD seat and lost a fortune here plus his face after betraying his colleagues here
IGO just bid $150M for a Li junior & took over WSA for $1.1B
BHP just bid for OZL for $9.7B and is tied in knots.

Any suitor will have to bid 6.5c imho
and soon it may be 10.0c
the window for a cheap bid is closing fast.