"no current intent" "short term events" "our long term view of the Ni price has not changed."
IMO, the effect on the Ni market will be way more than short term.
Given WSA appointed KPMG as the independent expert I'm not convinced that their conclusion will advise that this is a fair and reasonable offer. It looks unfair and unreasonable to me. But I hold WSA.
Or maybe its just bad timing on IGO's behalf. BHP should swoop in if IGO show any signs of weakness on this SID. Now is the perfect time for BHP to do this.
WSA Price at posting:
$3.48 Sentiment: None Disclosure: Held