The other thing that has happened here now is the attractive nature of IOH as a T/O or buyout opportunity.
The 52% stake held by Stokes might be a barrier for potential predators, but then again it's fairly simple for them to approach him directly and if he gets a reasonable offer most holders would probably fall in line behind him.
Of course, the buyout might also come from Stokes himself.
The value of this new deal with Min Res + the value of the Iron Valley ground to FMG to access Nyidinghu + the cash in the bank + the value of Buckland Hills + any value that you want to add for Maitland etc...
Surely a few predators have run the ruler over IOH.
The other thing that has happened here now is the attractive...
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