Good to hear they are sorting it out. There would appear clear commercial intent in those JV agreements.
Listening to IGO quarterly presentation yesterday it is obvious exploration is going to be a very important part of any business growth (especially given one of their most profitable assets is on a major decline).
If the new regime at IGO were to attempt to screw over the party (BUX) who is bringing their best opportunities do you think that’s a good idea long term? Negotiate sure, but would set an interesting precedent given this is the way they source most of their projects.
Anyway from my listen of their approach they sound like they are taking a considered and big picture approach. Certainly not a negative to BUX that copper price has been on such a good run higher.
IGO suggested they would be revealing their refresh strategy over the next few months, so let’s see what happens. IGO has more on the line to show a way forward.
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