Business
Cashed-up Forrest trumps BHP in nickel bidding war – The Australian Financial Review
Andrew Forrest has thrown down the gauntlet to BHP in the fight for Noront Resources and its nickel assets in Canada.
Wyloo now claims the Noront board wanted to farm out the companys prized exploration projects to BHP for a bargain-basement price in April.
The Forrest entity owns about 25 per cent of Noront and holds a convertible loan that could lift its stake to 37…
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