I'm in at 4.68. I'll leave this for a long while. PON is slowly rising unlike last year's abrupt 2$ leap.
See what happens.
IGO Nickel Production
Nickel in Concentrate Average on 2019 = 7000t/Quarter
Average Cash Cost = A$2.34/lb
Every 1US$ increase in PON equates to 7000t*2200lbs/ton * 1.41A$/US$ = A$21.5 million / Quarter additional Revenue.
PON since the beginning of Jan 2019 increased by 1US$. So did IGO sp rising 1$ plus. DYOR
Ann: Quarterly and Half-Year Report Presentation - Webcast, page-15
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Last
$5.66 |
Change
-0.060(1.05%) |
Mkt cap ! $4.286B | |||
| Open | High | Low | Value | Volume |
| $5.70 | $5.70 | $5.50 | $18.23M | 3.250M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6610 | $5.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.66 | 46875 | 3 |
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| IGO (ASX) Chart |