IGO Ltd (ASX:IGO)

A$ 4.82 -0.08 (-1.63%) Market Cap: 3.65 Bil Enterprise Value: 3.17 Bil PE Ratio: 1,606.66 PB Ratio: 1.14 GF Score: 65/100

IGO Ltd to Acquire Western Areas Ltd Call Transcript

Dec 16, 2021 / 02:30AM GMT

Release Date Price: A$10.78 (+1.41%)

Transcript

Peter J. L. Bradford

IGO Limited - MD, CEO & Executive Director

Good morning, everyone and thank you for joining us today. I'm pleased to be able to talk you through the transaction announced this morning, whereby IGO will acquire Western Areas through a board recommended scheme of arrangement. The transaction will broaden our nickel portfolio and further enhance our exposure to the electric vehicle and clean energy thematic.

Joining me on the call today are Matt Dusci, our Chief Operating Officer; Scott Steinkrug, our Chief Financial Officer; and Andrew Eddowes, our Head of Corporate Development. All of them will be available to answer questions during the Q&A session at the end of the call. I wanted to take this opportunity to acknowledge and thank the many people at IGO involved in the due diligence, negotiations and funding as well as our advisers, Macquarie and Herbert Smith Freehills.

Moving to Slide 2 and 3, where I note our cautionary statements and disclaimers, which should be read in conjunction with the presentation. Moving to Slide 4 where we outlined the framework

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