Well, I guess shorting has a place I don't do it directly but I know one of the managers I use is shorting nickel. The whole thing sends price signals to the miners. I think the benefits of exploration and the time frame required, is less well understood though.
If you want to throw, in the go woke...cliche. I will come up with the (in mining) best cure for low price is low price.
I'm cool with the whole thing, was pleasantly surprised when IGO went up several hundred % more than I expected. Can hardly be dirty when it goes down from the previous overshoot. I've got a few others like in Cu. I think many underestimate the need for exploration too.
I just want management to behave maturely.
Cheers
As
Ann: 1H24 Results Presentation, page-15
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Last
$5.36 |
Change
0.030(0.56%) |
Mkt cap ! $4.058B | |||
| Open | High | Low | Value | Volume |
| $5.27 | $5.40 | $5.25 | $13.09M | 2.451M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10681 | $5.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.37 | 807 | 2 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| IGO (ASX) Chart |