I am feeling your pain...retirement has been pushed back a few years haha.
There's an enormous opportunity here for IGO, in the last few years there's been this massive bull market for mining and exploration assets, and that's led to excessive premiums being paid to acquire new mines and prospective ground. Just about everyone who's been playing has been caught out in the hype.
With commodity prices coming back from their recent highs, there's going to be some great opportunities to pick up assets at a reduced price, and even distressed assets in the Ni/Li space. With free cash flow and a new executive team unburdened by the WSA deal, they can get back into the fray and set the company up for the next cycle.
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$5.75 |
Change
-0.050(0.86%) |
Mkt cap ! $4.354B |
Open | High | Low | Value | Volume |
$5.62 | $5.80 | $5.56 | $15.61M | 2.736M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 17102 | $5.74 |
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Price($) | Vol. | No. |
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$5.75 | 18214 | 2 |
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No. | Vol. | Price($) |
---|---|---|
2 | 13891 | 5.740 |
2 | 9735 | 5.730 |
3 | 13589 | 5.720 |
5 | 15186 | 5.710 |
1 | 9735 | 5.700 |
Price($) | Vol. | No. |
---|---|---|
5.780 | 12235 | 2 |
5.790 | 55654 | 6 |
5.800 | 29232 | 5 |
5.810 | 11735 | 2 |
5.830 | 7825 | 3 |
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