Entro...I still think the market treats igo as a pure ni stock,which imho is understandable.
And I can't see this changing until much closer to gold mining.
Nobody knows what price the yellow metal will be at that time,so I guess the market is judging the co. mainly on its pure ni play.
By the time they get the gold out of the ground,(assuming no t/o before then) ,if the ni price is on the move upwards,then igo should benefit greatly from increased revenue.
In the meantime,the patient hopefully will be rewarded.
today a nickel stock, page-2
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Last
$5.32 |
Change
0.190(3.70%) |
Mkt cap ! $4.077B | |||
| Open | High | Low | Value | Volume |
| $5.28 | $5.48 | $5.26 | $18.17M | 3.381M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 3505 | $5.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.33 | 25883 | 29 |
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| Last trade - 13.34pm 12/09/2024 (20 minute delay) ? |
| IGO (ASX) Chart |