IMVHO, the point of staying in or investing in IGO is the ability to grow the company safely carefully and dare it say it sustainably.
By all means come for the Li, especially LiOH with the value add in the margin from conversion of spodumene.
Stay for for the Ni & Cu: exploration; deal making and value add to the Ni; other opportunities that's from the move to a green future be it renewables, hydrogen or other.
The value add being paid for is the management and investment in the people to get there.
Sometimes termed Optionality.
A little while ago I said I was lightening (18% of my IGO) a the $11.50 odd mark. I'm not lightening any further.
All IMVHO.
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