Still holding cards on WSA close to chest ;
From the Chairman, Michael Nossal’s address at the AGM today ;
https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4
“…..I also wanted to address the ongoing discussions we have had with Western Areas, which we disclosed to the market a few months ago.
While I can't talk to any specifics or whether a transaction will eventuate or not, the Board and management of IGO is focused on delivering value for shareholders and ensuring thorough due diligence has been conducted with respect to any inorganic growth opportunities.
As has been seen via the Tianqi transaction, significant value can be generated for shareholders through this type of corporate activity, and we will update the market as any developments occur…..”
cheers
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