The reason I see is that Glencores arrangement with BTR in there Pekoa project is completely different to IBG's relationship.
Glencore have actual entered into a joint venture (50.1%) with BTR (38.9%) with Glencore in full control of the project.
Also Pekoa production time line is far more advanced than citronen as they are up to commissioning the mine, so it would be fair to assume that Glencore are prioritising.
Regarding acquiring another asset, management have continually stated that they wish to diversify there portfolio to achieve there goal of becoming a mid tier miner in the near term. And I'm sure all would appreciate that we have something else to focus on during the citronen mine build (1,2yrs)
The reason I see is that Glencores arrangement with BTR in there...
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