WSA 0.00% $3.86 western areas limited

The IGO deal just got a lot lot easier imho Scrip bid with some...

  1. 9,894 Posts.
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    The IGO deal just got a lot lot easier imho

    Scrip bid with some cash maybe 10c ps
    1-7 split looks like unless WSA keeps going lower & IGO keeps going higher
    Like SIR went into IGO the IGO scrip is valuable & going up.

    Also looks like BHP & AF not interested other than media hype or else would be at 3.50 now
    traders now stuck and shorting perhaps.
    Sellers at 3.20 looks smart now but its not over yet is it.

    BHP gets 50% of offtake from IGO & WSA already and is likely to get 100% of the Cosmos offtake nextdoor to Mt Keith so BHP is a winner either way here imho.
    IGO gets control of PAN also of 21.3% and may move to mop that up also after WSA

    Sounds a brilliant well thought out plan.

    IGO WSA PAN becomes a Super IGO
    Creasy becomes the Nickel King.
 
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