Why I think that if IGO bids it needs to be at least $4.00 per share., page-153

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Teddybear123

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30/09/21

14:29

Post #: 56468278
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Originally posted by 207 de: ↑

Odysseus has been, and will continue to be hard work. Its deep and the ground is poor. Mt Goode looks good but is at that awkward depth of 250-550m. And at 0.6% is not really economic to mine using UG methods....maybe try to cave it? But that takes time and CAPEX, and you better be sure the Ni is there!

In saying that it would make a profit but its not going to be the rock factory with easy guidance hit year in, year out.

Forrestania is almost done, so I do struggle to see a-lot of value upside in WSA at the moment. Maybe theres something brewing in the exploration field we don't know about???

The key benefit is to sweat the WSA assets harder, this is something IGO would be looking to do while focusing on near mine exploration at Cosmos.

TBH, I think MCR is the pick. The ground has so much potential, but that ship might have sailed. Or its now a much more expensive ship..

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I'm afraid your wrong on all accounts .
If that was the case IGO wouldn't be in the data room let alone considering an offer .
I know who's insider knowledge I have backed .

WSA Price at posting: $2.96 Sentiment: Buy Disclosure: Held
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Why I think that if IGO bids it needs to be at least $4.00 per share., page-153

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