IGO should bid for PAN which is in TH and it already owns 15% of it
Im predicting IGO to bid for PAN soon.
BHP will likely bid for IGO imho say around $8B & I predicted this last year.
BHP burned $10B on the OZL bid for a black hole in the nullabor yet IGO has 10 times more revenue, MILLS & MINES than OZL. I called that BHP bid for OZL a massive waste of cash back then.
I cant see FMG or AF bidding for IGO
IGO worked very hard to keep AF off its share register in the WSA bid & their major holder Creasy would not want him on their register imho after their history.
The talk about a joint Ni refinery IGO/Wyloo was total bs imho and IGO dont need AF for anything.
If IGO bids for PAN, then BHP might delay till after that is done and then they retain their Oz Ni monopoly as before. IGO has done all the hard work for them consolidating the Oz Ni industry.
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