After a brutal few weeks of "IGO Bashing" by opportunistic "influencers" - Here we are at the cusp of a breakout.
While everyone from "Money of Mine" to our resident Hot Copper bears were busy making fun of the unfortunate sequence of events that happened at IGO - smart money saw it as a massive opportunity to own ~25% share in the best hard rock lithium operation on planet earth (even if one were to write everything else off)
South 32 - who opportunistically pounced on IGO with a 100M lawsuit finds themselves in a corner now with tables turned right back on them. [I hold S32 by the way]
While it may be a good "click bait" to rip into short term set backs - Don't ever forget the FIRST principle of Mining - GRADE IS KING! - If you don't have grade - perhaps SCALE can help somewhat!
Greenbushes has Grade and Scale both! Plus they are expanding further.
As far as Nickel is concerned - even though its not why I own IGO - Dont write that off just yet! PM Albanese is in town this evening and get ready for some action.
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Last
$5.72 |
Change
-0.130(2.22%) |
Mkt cap ! $4.331B |
Open | High | Low | Value | Volume |
$5.85 | $5.91 | $5.70 | $24.52M | 4.253M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8696 | $5.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.77 | 2500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 5.800 |
1 | 83 | 5.760 |
2 | 654 | 5.720 |
5 | 4819 | 5.700 |
1 | 200 | 5.680 |
Price($) | Vol. | No. |
---|---|---|
5.440 | 28898 | 6 |
5.600 | 830 | 1 |
5.700 | 74 | 1 |
5.770 | 2500 | 1 |
5.780 | 565 | 1 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
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