RE: Wishbone Gold write-up in the Investor's Chronicle17 Sep 2025 13:20
I still think Andrew Forest Wyloo will be big contenders to JV or buyout red Setter.. Richard Poulden was speaking to him back in 2022.
As a privately held company, Wyloo's exact cash holdings are not publicly disclosed. The company is part of Tattarang, the private investment group of Australian billionaire Andrew Forrest, which has substantial financial backing.
While the exact cash amount is unknown, public reports have documented Wyloo's significant investments and financial transactions, providing insight into its resources:
Major acquisitions: Wyloo has made notable acquisitions, such as its C$478 million cash offer to acquire nickel miner Noront Resources (now Ring of Fire Metals).
Funding packages: The company has provided large funding packages to other companies, including a A$120 million equity funding package to Greatland Gold in 2022. (Wyloo currently own 10% with option to increase to 30%).
Ongoing projects: As an active investment group, Wyloo has financial commitments for ongoing joint ventures and project development, such as its involvement in the Yangibana rare earths project