MCR Takeover - what it means for ARL, page-3

MCR takeover at $1.40 ps looks like it'll be successful, afterall.
Shs' had expectations of a revised higher offer by Twiggy, but an unexpected announcement by MCR post-bid that its delivered ore specs didn't meet BHP's contract requirements worked in Twiggy's favour. Furthermore, BHP will not amend the contract specs to fit with MCR's deleterious element within the ore, which stfengthened Twiggy's position.
Apparently, this important ore factor was not widely known, only MCR's metallurgists and BHP were aware of it for sometime.
Twiggy stated that he didn't know either. Really? Billionaires do have their own intelligence gathering networks. Hmmm...

To answer this thread title's question, I think it is complicated. But in a good way.

1. The revelation that MCR's ore containing arsenic (As) is good info for ARL shs about the importance of ore metallurgy. There's more to Ni/Co processing that just extracting these metals using the most economical/efficient method. Shs are better placed investment-wise when armed with info about deleterious elements in the orebody, and As is just one of the possibilities. The unremoved deleterious elements can lead to rejection of ore delivery ore to the buyers. This can be a costly process logistically.
2. Shs can now better understand why ARL takes the firm stance of including the project partner's feedback in the DFS/BFS. Without the feedback, ARL runs the risk of deciding in a vacuum about what ore specs are suitable to the project partner's processing requirements. BOD/Management depth of experience in mining plays such an important role, doesn't it?
3. Shs look forward to more info from future announcements regarding the amount of deleterious elements in ARL's best-in-class goethite based laterite Ni ore. In addition to deleterious elements, there're also penalty elements in the ore to be considered.

Oops, only 8% battery left in laptop. Shall continue later.