Tick. Tick. Tick. BHP has just five days to decide whether it wants to try to top Andrew Forrest’s offer for Canadian nickel hopeful Noront Resources, which won the backing of the minnow’s board on Monday night.
The smart money is on the Global Australian striking back, despite the full-court press Forrest has put on the Noront board.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com