According to Glencore.com they already own 82.4% (effective) of Murrin Murrin. That by my calculations means non-Glencore shareholders own just 343m shares. They own 40% or Murrin Murrin directly, and 70.6% or MRE.
They seem to usually own 100% of their other mines...but they also seem in no rush to make any moves. No problem, since this is worth holding for the dividends (which I expect soon). That is, if you believe in the nickel price.
MRE Price at posting:
95.5¢ Sentiment: Hold Disclosure: Held
