If they hadn't purchased WSA I might still be holding the stock: Impairment of WSA assets
• IGO expects to record a non-cash impairment on the
assets acquired via the WSA transaction in its year
ending 30 June 2023 Financial Statements
• Impairment reflects changes in certain assumptions
compared to IGO’s expectations at the acquisition date,
including:
– Cost escalations
– Higher capital costs at Cosmos
– Mine schedule changes, including delays at AM5
and AM6
– Underperformance of Forrestania
If they hadn't purchased WSA I might still be holding the stock:...
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Last
$5.70 |
Change
0.070(1.24%) |
Mkt cap ! $4.316B | |||
| Open | High | Low | Value | Volume |
| $5.68 | $5.78 | $5.63 | $12.90M | 2.260M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 39401 | $5.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.70 | 11762 | 3 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| IGO (ASX) Chart |