Pete
"May be a bit of a tussle given that Wyloo won’t be easy to shake up as a shareholder."- Cupcake
Thats why I stated the final, NOT agreed up price is $14(C).
1. BHP has the production/ delivery technology, knowhow, reputation, and worldwide supply management system,....now.
2. BHP is not pro China; Wyloo, is depedent China; its' economic base depends on China, and BHP's doesn't.
3. My "back of-the -envelope" included a full pay back of the Wyloo capital costs,+ Apprx. 25% interest: added to the last verbal Wyloo $7/ share "ask".
4. $14 price was calulated to, (as a minimumum), gain 51%BHP voting NOT conrol by BHP.
5. I expect Jointly announced ON government-BYP- battery/ build job announcements over the next 6 months.
6. Possble ON minor share ownership, if BHP dividend shares, as an optional price option.
We shall see in about 30 days.
Imo, Peter