Ann: IGO: to acquire Western Areas via board recommended scheme, page-104

First 104 Last

Share
Profile

Follow
McQuade

1,511 Posts.

518

30/12/21

16:06

Post #: 58570069
Share

Originally posted by tomboy: ↑

You got $3.4M of this stock in cash..wow.
and you are not selling any down at the 5 year highs?!

You must be worth at least $20M to do that with cash as most invest in property or cashflow businesses with that level of wealth.

Sorry to burst your bubble, but the NI bulls have moved on from WSA to MCR & soon to PAN POS
WSA was ramped since July prebid, my call of a run from 2.00 to 3.50, SPOT ON

Now Ive been saying IGO will get WSA, it may move a bit here and there but the market is telling us its over, look at the volume, there is no one else buying onmarket for weeks now.
merely 0.2% daily volume for the last 3 weeks straight
Its been in a flatline since 16 December as soon as the bid came in at 3.36

I guess you are whistling past the graveyard hoping AF or BHP counter bid yet doesnt look like it at all.
I explained on here before, BHP dont need WSA as they have 50% offtake and have Cosmos all but tied up at 100% and AFs 6% cannot block the bid, he is too late as usual just like he was in AGO ANL PAN POS..the list goes on.

You forgot, the WSA BOD have already UNANIMOUSLY approved this WSA all cash bid at 3.36 after months of negotiations. They took cash instead of scrip a big difference.

take the money & run IMHO.

Expand

BHP dont need WSA as they have 50% offtake and have Cosmos all but tied up at 100%

When did BHP sign a contract for the Cosmos offtake?
When does Forrestania offtake deal expire?

WSA Price at posting: $3.42 Sentiment: Hold Disclosure: Held
4 Upvote

1 Great analysis

Reply

Top Stories

CUF

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

CLE

Cyclone signs MOU with Vale for development of Iron Bear play

GDM

Banshee's historic trenches prove rich in antimony and gold for GDM

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

EEG

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

IRX

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

TYX

Tyranna wraps up lithium drilling in Angola; says looking for other projects with different metals

First 104 Last

Add WSA (ASX) to my watchlist

Ann: IGO: to acquire Western Areas via board recommended scheme, page-104

Top Stories

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Cyclone signs MOU with Vale for development of Iron Bear play

Banshee's historic trenches prove rich in antimony and gold for GDM

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

Tyranna wraps up lithium drilling in Angola; says looking for other projects with different metals

Featured News