Ann: High-Grades in Net Textured Nickel Sulphides at Dogleg, page-39

Thanks for your comment of course mate, always noted.

I think @milesy and @mileraFC have presented what are my opinions very well.

But let me add that IGO, while down from its highs has come off its bottom of ~ 6.90 and at 7.90 represents a convincing reentry.
Sure their Ni is a basket case at present prices (and I'm sure that is the matter you refer to due to ill-advised purchases by previous management) - but they do have beneficial ownership of 25% of greenbushes - the largest Li mine and supplier globally and with an all in opex around ~ $500, that mine is still super profitable even in today's suppressed market.

In addition, while Greenbushes profit is down from an unsustainable super high, it still is a cash cow and as a consequence (last time I checked) IGO had ~ $500 mil in unallocated cash.
That, in todays market, actually puts IGO in a good place - but be quite sure the new management under Ivan, will be very fussy before making a move.

BUX on the other hand as an explorer, have three mighty interesting projects - well four actually if we separate the Copper Wolf JV from the Copper Wolf 100%. We know as @milesy says they are interested in Dogleg and Copper Wolf, why not Wolverine and the graphite too ??

I am concerned about the wild volatility on tickers like BUX, AW1 and IR1 - it is not good for confidence for investors, and is in some places manipulated IMO - but also it is charactistic of a bottom in commodities as players with different views come in contact.

IMO we need to stay smart.

No advice intended.