Nickel prices are up 60% since WSA agreed to the $3.36 offer from IGO.
if you look at MCR, a nickel producer that WSA is a shareholder of, they are up 70% since December when the IGO Sea was signed.
if we assume 70% increase on WSA, that's a new offer of $5.71.
I look those odds.
Ann: IGO: Update - Western Areas Scheme of Arrangement, page-12
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