WSA 0.00% $3.86 western areas limited

Ann: IGO: to acquire Western Areas via board recommended scheme, page-99

  1. 9,764 Posts.
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    Media starting to chatter again about Ni takeovers in WA Ni industry -

    With volume & SP in WSA dropping away & petering out, looks like IGO is a done deal as I said months ago on here
    With BHP distracting & draining AF in stranded low grade in Canada at Noront and AF likely warehousing it forever, BHP & AFs focus will return to WA
    with volume & SP spiking in MCR, punters are speculating they are the next battle inthe Ni war

    What will BHP IGO AF do now they ask?
    Where will BHP get all that ore from?
    BHP t/o WMC for $9.2B in 2005 but let go of Noront for $350M?! So IGO a target for them also.
    PAN will be controlled by IGO after it takes WSA

    After WSA, the only near term producers left are MCR PAN POS imho.
    Media & speculators clearly thinking overpriced MCR is next.
 
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