You have to admit the offer is now fair, given last 6 months rolling average nickel price is still in the ~$A20,000-$A22,000/tonne.
It will definitely rise but given what the analysts are using for DFC valuations for takeovers.
If they do sanction Russia to include the critical battery metals, as they have for oil, then we are in for a treat. But highly unlikely for now.
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I Hold DM1 (Desert Metals), SNG (Siren Gold) & ICL (Iceni Gold)
Ann: IGO and Western Areas agree to amend Scheme of Arrangement, page-21
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