Jan 31 (Reuters) - IGO Ltd (IGO) :
- COSMOS PROJECT UPDATE
- OUTCOMES OF REVIEW HAS DEMONSTRATED A REDUCTION IN EXPECTED LIFE OF MINE
- IGO HAS MADE DECISION TO TRANSITION COSMOS INTO CARE AND MAINTENANCE
- COMMODITY PRICES HAVE DETERIORATED SIGNIFICANTLY SINCE REVIEW COMMENCED, IMPACTING ECONOMICS OF COSMOS.
- MADE DIFFICULT DECISION TO TRANSITION COSMOS INTO CARE AND MAINTENANC
- OUTCOMES OF REVIEW HAS DEMONSTRATED DELAYS IN GETTING MINE TO FULL CAPACITY TO FILL PROCESSING PLANT
- TRANSITION IS EXPECTED TO BE CONCLUDED BY 31 MAY 2024
- OUTCOMES OF REVIEW DEMONSTRATED FURTHER INCREASES IN OPERATING AND CAPITAL COSTS AT COSMOS
- EXPECTS TO RECORD A FURTHER IMPAIRMENT AGAINST COSMOS ASSETS IN COMPANY'S FIRST HALF FY24 RESULTS
- ESTIMATES TOTAL IMPAIRMENT CHARGE AGAINST COSMOS ASSETS TO BE IN REGION OF A$150M TO A$175M
- TRANSITION OF COSMOS INTO CARE AND MAINTENANCE WILL HAVE AN IMPACT TO OUR PEOPLE
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Last
$4.23 |
Change
0.110(2.67%) |
Mkt cap ! $3.203B | |||
| Open | High | Low | Value | Volume |
| $4.10 | $4.26 | $4.10 | $37.27M | 8.844M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 39000 | $4.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.24 | 12929 | 3 |
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| Last trade - 16.10pm 11/09/2025 (20 minute delay) ? |
| IGO (ASX) Chart |