General discussion, page-10

**this may have been already covered**

Having only vaguely followed the IGO takeover of WSA and with Morgan’s new figures (taken with a grain of salt), if PAN was to run to a tick over a buck a share then WSA’s 20% PAN holding would equate to roughly 50% of IGO’s takeover bid.

Seems like a nice investment for IGO share holders.

Can understand why IGO powers would want to delay PANs run, alternatively that some WSA holders would like the opposite.

I haven’t looked into his deeply.