Today’s The West Australian 31.08.22, page-2

Looks like MINRES IGO eyeing off POS too.
Where will MIN get its EV Ni conc from, which is all fully committed,
not from BHP (large supply shortages,) or IGO (bhp 50% trafigura 50%) nor PAN (trafigura 100%)or MCR (all to BHP)

who has a large ready production project with massive 417kt jorc with no offtake committed?
Why is PH dangling the big juicy carrot for so long & why are the cappers cutting this from 11c on 1 Jan to 5c now when all other ni producers are up 100-300% since then?

POS is the no 1 takeover target in Ni imho

its AGO all over again,
in that case the SP was smashed to penny dreadful then 3 billionaires bid for it, first in was MIN then AFAF then Gina with a 4 x mber from prebid.
Gina now sits on AGO assets & production worth a massive 30 x MBer from there on my maths posted before while AFAF flipped his golden blocking stake for a pathetic 25% or $12M profit instead of a $3,300M profit.. dufus yet again.

AGO got swiped cheap for $450M at revenues of $220Mpa but now is worth $13B with revenues of $2B pa!

MIN plans on either finding a new ore source taking 5 years & $2B to build or bidding for one large one thats uncommitted, ready & waiting to go, like they did with AGO?

like AGO, POS is a sitting cheap duck on a golden plate imho.