Agree, he’s taken a bit of a scattergun approach to nickel imo, even backing POS at one stage.
A full bid in competition to IGO would be pocket change to him, if he wanted, but I too doubt it. I suspect he will personally focus on his much grander dreams (than a modest $bn nickel investment) and leave his lackeys to provide him with some nickel exposure. He dreams big and he’s a risk taker so sure his next big thing might well be a failure but imho if it is it is more likely a $10bn failure than a mere ANL sized stuff up.
A bit disappointed in my investment in WSA, not sure Lougher is up on his game, so maybe the assets are better within a desperate IGO, but I wont be holding IGO script again (held from 2004 to 2019).
Hope AF makes good pocket change from his 5%, then I”ll finally get some return on my pocket change.
EL
WSA Price at posting:
$2.99 Sentiment: Hold Disclosure: Held