independence ripe for takeover, page-3

  1. 3,004 Posts.
    lightbulb Created with Sketch. 127
    "It's true that we have had a look and they (Independence) fully expect us to have a look," But Ni was too high.

    Then Anglo say if they T/O IGO they will sell Ni assets, cause they are into Au not Ni.

    Well throwing a few HIGH figures around.

    Anglo buy IGO for say $1b. Sell ni assets for $800m. Means they buy AU assets (Tropicana) for $200m.

    Why not buy the Au assets only for $200m, leaving IGO with it's ni, IGO does a cap return and everything a lot less messy.

    Figures are indicative only, alter them as you wish.
 
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