Spot on - MIN has an uncanny knack of wedging itself into deals. They were in battle with PLS over a lithium royalty and have just bought an iron ore mine from under the nose of FMG. BB may struggle getting his resolutions carried in the forthcoming EGM without the support of MIN. That said I can't see MIN stumping up with a counter proposal with such a large blocking stake but it will be keen to see any equity raise/entitlement offer taking place at a price closer to its entry price
Mr NST.ax/Bill Beament's Other Baby, page-211
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