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What price Mincor?

THE Western Australian nickel world is hotting up – yet again – with the lodgement of a bidder’s statement by Andrew Forrest’s Wyloo for Kambalda-Widgiemooltha nickel miner Mincor Resources (ASX code: MCR).

Allan Trench, John Sykes
What price Mincor?

Wyloo is talking up the bid, of course - referencing the A$1.40 per share bid price as a 35% premium to the last closing price of MCR prior to the bid, a 30% premium to the five-day volume-weighted average...

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