Hi AveJoe, I can't agree,
IGO have not announced that they are out of PAN.
What IGO did announce is that they will not participate in PANs $31million 1 for 6 non renounceable CR as IGO believes it is a breach of a condition of their takeover bid. The TO bid is still in play.
On the SGQ front, JP did say that that out nickel project may well be a bolt on opportunity for a peer. IGO may well be running the ruler over our nickel prospects.
Whoever it is, I suspect that it will be cash offer for the MA tenements rather than a TO bid. My bet it is BHP.
In this scenario, SGQ accepts a pile of cash for MA and looks to stay in business with exploration of our other nickel and gold tenements and maybe the shareholders get a special dividend. (all speculation on my part)
Cheers
Mulac1
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Last
3.1¢ |
Change
0.002(6.90%) |
Mkt cap ! $30.64M |
Open | High | Low | Value | Volume |
3.0¢ | 3.2¢ | 3.0¢ | $104.2K | 3.387M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 704598 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 905934 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 704598 | 0.029 |
1 | 100000 | 0.028 |
3 | 282592 | 0.027 |
3 | 1853333 | 0.025 |
2 | 1533608 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 905934 | 2 |
0.032 | 904409 | 3 |
0.033 | 353746 | 3 |
0.034 | 1250000 | 2 |
0.035 | 1440626 | 5 |
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