Big companies do make big mistakes from time to time
From memory BHP buying the US Shale assets and then losing/writing down over 50% and RIO buying Alcan and Riversdale then losing/writing down over 50% (BHP and RIO could have others but there the ones that stick out in my mind)
IGO is on the watchlist but with Li still heading down, Ni still heading down, and now mentioning a further write-down for Cosmos, I'll still be watching but the fingers are getting itchy to start buying parcels as it has been one hell of a SP drop thus far
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Big companies do make big mistakes from time to timeFrom memory...
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