I certainly don't believe Nova can make good money for IGO holders, through a deal that even at today's depressed sp values SIR at over $1.1 bn.
Not even sure the Nova project itself would get the sign off based on today's pon. Certainly not going to justify a hefty premium such as IGO is paying for it.
In all your bullish posting do you actually have an NPV for the project based on the current pon? Perhaps you have an AISC for Nova?
EL
SIR Price at posting:
$2.65 Sentiment: Hold Disclosure: Not Held
IGO Price at posting:
$3.24 Sentiment: Hold Disclosure: Held