Consolidation of Nickel Producers Begin, page-178

AF has taken 69% of MCR as IGO flipped to him today. Some 25%-30% still holding out.
IGO took 100% of WSA as AF flipped his 10% to IGO.
BHP took 100% of OZL for $9B plus $5B capex next 10 years for nullabor black hole LOL.
AF took Noront arctic black hole for $400M from BHP.

IGO owns 21% of PAN
PAN just got dumped on flushing out weak hands & short holding LONGS or margin lending LONGS.
Suspect its IGO or AFAF doing their usual handiwork like they did at SIR PAN WSA MCR POS before.

Macquarie Bank involved with IGO SIR WSA MCR bids.
the Oz Ni oligopoly has formed between BHP IGO AF who seem intent on cornering the whole Oz Ni market (other than POS so far).

AFAF IGO BHP Macquarie have no involvement or control here at POS,
AFAF has a pathetic 3% bluff stake & no director here after FH FH resigned in disgrace.
PH better get MD Padley Army & Co ready for any incoming tactics here too from these players.

POS is looking like being the last independent Ni miner near term producer left (after PAN) & with NO DEBT & NO OFFTAKE deal signed & with MASSIVE JORC resources & mill capacity.

Been saying for years here -
The Ni war is coming to POS.