not far from that all time high of 16.60
hit 16.05 today
On TA looks headed to 20.00 imho
with NP UP to 12.14 from 7.00-8.00 last year and headed to 15-25 imho
its bullish for IGO, very bullish
market likes the news of SSGA buying in more here but who else bought & sold such massive 10% volume yesterday?
Unlike BHP & AF, IGO didnt cashburn buying projects taking 5 years to build at a $1B-$5B capex.
IGO has immediate cashflow from WSA mine flying fox at HG plus another mill to boot
IGO is positioning itself to take on BHPs monopoly and Creasy is the Nickel King.
cant see any SHORTing till 20.00 & not till bear season from March/April imho.
IGO Price at posting:
$16.01 Sentiment: Hold Disclosure: Not Held
