IGO 2.93% $5.31 igo limited

Ann: FY23 Financial Results, page-11

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  1. 98 Posts.
    lightbulb Created with Sketch. 21
    Yep agreed but it also says "Cash on balance sheet of $775M at 30 June 2023"

    Existing debt at an assumed lower interest rate than inflation is a good thing in that this debt is reduced by inflation while we retain the cash to leverage other new profitable opportunities.
 
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