correction

Correction. Bluestone Tin, now Metals X (after merger) own the laterite deposit I mentioned earlier - the Wingellina nickel project.

Not sure about rumours of a deal being near. I am sure IGO would of kept on going if there was. BHP have 10 years to spend the 25m to earn 65% so they don't seem to be too certain that it will be granted anytime soon. They also don't have to spend anything until the EL is granted.

WMC made a nickel sulphide discovery a few years ago in the Musgraves which kicked off the huge interest there. Apparently up to 10 companies floated on Musgrave tenements soon after. However WMC subsequently could not establish any resources out there and access restricted a lot of the others from doing any exploration.

I wouldn't buy in until I had more solid evidence of a deal with the traditional owners.