Why I think that if IGO bids it needs to be at least $4.00 per share., page-224

Once again IGO has responded. Since my last post. Looks quite negative to me.

IGO Limited (ASX:IGO) (“IGO” or “the Company”) notes recent media speculation regarding discussions
between IGO and Western Areas Limited (“WSA”) regarding a potential change of control transaction.
While IGO does not comment on media speculation, the Company confirms that discussions and due diligence
are continuing. There is no certainty that a definitive transaction will result once this period of diligence is
complete.