I don't think this changes much. I never thought Wyloo was likely to launch a full T/O. And they've said they will only sell to IGO in the absence of a higher bid. So IMO, we are more likely than ever to see BHP swoop in. The market/media is clearly not impressed with BHP's lack of growth in general, and more specifically, their lack of exposure to battery metals. Obviously I'm talking my book here, but I think BHP are absolute clowns and lightweights if they let this go - especially after losing Noront.
Ann: IGO: IGO secures Wyloo support for announced WSA transaction, page-9
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