lithium perhaps but nickel prices got smashed and even BHP is placing its nickel operations in WA on care and maintenance. And BHP spent small fortune on upgrading that infrastructure.
Indonesia is killing the nickel market.
I think IGO got it wrong and are now probably regretting selling Tropicana - my thoughts. I also think if IGO suspected there is a large gold deposit there, they would have try to find it - considering where gold prices are. Even if IGO would not try to develop (let's say IGO still want to stick to nickel, copper and lithium only) they would have try to discover such deposit and sell it at much higher prices.
but that's my view.... not saying I am confident I am right.
lithium perhaps but nickel prices got smashed and even BHP is...
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43.5¢ |
Change
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Mkt cap ! $262.9M | |||
| Open | High | Low | Value | Volume |
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