"What would IGO have to do to get Tropicana to an equivalent stage?"
For IGOs stake to be worth $200m, Trop, as stated before, IMO needs to be proven up to about 6m ozs, feas study completed, and the price of gold at least to about current price in A$. Then I reckon $100/oz IGV maybe possible. This is, I reckon at least 2 years away.
If, however, POG rises as some like Pierre Lassonde suggests (who has been pretty accurate in the past) to over $1000 oz, that then would certainly give the project a wriggle on
independence ripe for takeover, page-7
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Last
$5.20 |
Change
0.220(4.42%) |
Mkt cap ! $3.937B | |||
| Open | High | Low | Value | Volume |
| $5.00 | $5.22 | $4.99 | $15.91M | 3.123M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 19457 | $5.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.20 | 17776 | 29 |
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| Last trade - 14.37pm 07/08/2024 (20 minute delay) ? |
| IGO (ASX) Chart |