Yes agreed. Makes a lot of sense for MIN or PLS to acquire Tabba Tabba. They already have the capital infrastructure to maximise the deposits value.
They are able to offer Wildcat what the discovery is worth (great for us share holders) and profit massively themselves over the life of mine. Win win, and a good business deal all round.
Now what is so perfect for WC8 is that both MIN and PLS can equally benefit from the acquisition, having two parties bidding for the same asset will ensure WC8 gets a fair market value for Tabba Tabba. A rare and lucky situation for Wildcat indeed. Let the bidding begin!!!
WC8 Price at posting:
73.5¢ Sentiment: Buy Disclosure: Held
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