Re: Arrangement Agreement

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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Hobbit

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Re: Arrangement Agreement

in response to

Re: Arrangement Agreement

Tin Man

posted on Sep 06, 2021 10:24PM

Not sure about strings, other than what I said in my last post - I don't see how a New Noront would not suffer the same fate.

I also don't think BHP is out, there's too much at stake. Where else can you buy $60+B value for peanuts?

If Wyloo has submitted a written offer, or when they do, then the BOD will have no choice but to back it until BHP counters with something better for all shareholders. That would also be BHP's opportunity to scrap any sweeteners they gave the BOD.