I cant see IGO bidding for MCR
its too expensive & they dont need to.
they just recently bid for WSA for $1.1B cash and used ALL debt to keep AF out of their share register changing their prior bid from shares after AF went in to WSA to block it but he failed as WSA BOD already wanted IGO not AF.
Fact remains AF is irrelevant in the NI sector for a long time now and his shenanigans and looser decisions have upset the Ni industry since 1993. The industry remembers.
IGO i think will bid for PAN though & they have in the past at 47c.
IGO has tenements all around PAN and that MILL is GOLD
PAN is worth 43c right now compared to MCR
so expect a run on PAN now as market realises finally its been an IGO AF target for a while.
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