BUX 0.00% 6.5¢ buxton resources limited

Ann: Narryer Project - 54 m of graphite mineralisation at Ranger, page-4

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  1. 10,744 Posts.
    lightbulb Created with Sketch. 2894
    It would be nice to see IGO agree to get back to drilling at Copper Wolf - they have plenty cash, and revenue to mark it down to.
    Meanwhile Dogleg Ni is a good play with their Nova operation slowing and other Ni on C and M.

    Here is a snip about Greenbushes, IGO's cash cow, from today's ann.

    An overview of other key contributing factors is outlined below:

    • The Group recognised a lower share of net profit from the lithium joint venture, Tianqi LithiumEnergy Australia Pty Ltd, with IGO’s share of net profit after tax of $552.6M (FY23: $1,603.6M),following lower spodumene prices and sales volumes. Total sales revenue for the GreenbushesOperation decreased 56% in FY24 to $4.6B, compared with $10.5B in the prior year. The salesrevenue was generated from sales of 1,380kt at an average realised price of US$2,192/t"


 
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