Consolidation of Nickel Producers Begin, page-3

this is an indication of minimum takeover potential offer for pos, in november 2019 igo attempted takeover of pan at 47.6 cents but failed , pan now is 17 cents ( pan was 23 cents when takeover offer attempted) but nickel potential is much greater now, pos has much higher grades and much more potential , it shows how undervalued australian nickel explorers are compared to 2 years ago, if pan couldnt be taken over for 47.6 cents 2 years ago cant see pos bring taken over for anything less than 50 cents