ICG inca minerals limited

Ann: Appendix 5B Quarterly Cash Flow Report - December 2023, page-24

  1. 6,298 Posts.
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    I commend you for keeping an open mind on the debate. I follow Toyota who unlike all the other car companies didn't rush headlong into EV's. They went for hybrids - and also EV's of course and now are working on improving ICE's. I predict the same with coal - a Jap guy runs a low emissions coal power plant in Japan and he isn't even an engineer. My view it all has a place as technologies evolve. People like Blackout Bowen are nuts but notice how he is changing his tune -like Albo who will absolutely contradict everything he has ever said on his soap box to pander to the electorate.
    As for base metals -you like most ICG acolytes have one problem - instead of changing your mind when the facts change (John Maynard Keynes) you don't change and that is fatal. Look at nickel - a huge structural change in supply no one -not even BHP saw coming. The same will happen with copper -Africa has oceans of it grading around 4% and when they get their act together like Indonesia all the copper mines around the globe just like nickel won't be competitive. ICG is as dead as a dead dingoes donga mate pursuing copper and I predict about 0.001 a share given it's current objectives.
    Then it can look at my iron ore in Guinea
 
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