I see that IGO will cornerstone NCZ's capital raising, ending up...

I see that IGO will cornerstone NCZ's capital raising, ending up with 19.9%
They will probably end up making a full takeover bid sometime down the track - it makes no sense to hold 20% as an investment.
IGO is the right size of company that maybe will look at AML as an "investment". AML is too small for BHP, RIO etc. IGO has a mkt cap of around $3 billion, and AML is currently worth $44 million on the market, plus $18 million debt (?), but with a share price north of (wild guess) 40c needed for OCP to say "that's enough" that means IGO would be looking at $300 million. Which is doable.
Of course this is all wild speculation on my part, but the Century mine is "just down the road", with a pipeline to an export port. Makes sense to me (talking my own book!)