looks like a done deal for IGO.
AFs dummy spit & the media hype wont change anything, I doubt AF will burn another $60M to pay up to $4 ps to get another 4.5% and then still not have any say or control.
Creasy turned SIR into a monster $20M to $2.5B Mcap then agreed to IGO scrip which then turned it into a $3.6B operation under IGO, a massive winner for the shareholders, INSTOs and industry.
AF has minority stakes in Noront WSA PAN MCR POS, a massive history with FMG, but also terrible histories with ANL AHZ AGO.
AGO he flipped at 4.5c instead of holding his 20% holding making Gina Ozs richest person in the process while the local LTH lost fortunes yet again.
The ANL & AGO disasters still have a long standing bitterness in the WA IO & Ni Industries.
AF was the ANL CEO & that legacy is a negative.
AF is the IO King & ANL CEO man & Ozs 2nd richest person worth around $30B
Creasy is the now the Nickel King & worth $2B
does Lougher trust & want to work for AF or Creasy more?
Maybe we know the answer as WSA uses BHP as an offtaker, AFs arch enemy, as does Creasy at IGO.
Who would you pick? We will soon find out.
I think Lougher & the WSA BOD have already picked Creasy & IGO imho.
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