IGO 2.22% $5.72 igo limited

New all time high, page-298

  1. 1,648 Posts.
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    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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