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A few months back , other nickel players such as IGO were denying any further involvement in the Lafranchi tender- the speculation at the time gave a range of A$12 -16m. SMY at A$26 looks to have paid 'overs' ,but it may be too early to call as there is a lot of technical info not in the public arena and you always get the standard comments from competitors that 'mine' is better than 'yours'/they paid too much.
Whilst the dust settles, I am with you Sandy, better the devil you know(MCR) than the devil you don't.
Cheers,TAS