Now that you have read the history of Voisey BayThe present value in todays $ is over $6 Billion. So South 32 offer at $1.6 billion is really light. Arizonas 2 deposits and land package is just as good as Voisey Bay, if not better.
No one has discovered anything significant in years.
The big boys are not going to watch this one stolen away from them. Az and South 32 know what they have and South 32 knows they will not be able to compete with the big boys at the end of the day. They both agreed to start the process.