HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: BHP offer details
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BHP has 3.7% plus insiders 9.9% have agreed to tender, so all they need is an additional 36.5% out of the other 62.7% that Wyloo does not own or control.

But sorry BHP, I am not tendering my shares until I see a 1 in front of the number. 

I do not see Wyloo giving up so easily ... As a minority holder, they will be diluted into oblivion and have no say in matters.   I see them making a bold move to swoop up majority control so they can dilute BHP out.

 

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