Ann: Results from Rosie Prospect , page-25

  1. 13,963 Posts.
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    MF,

    IGO has a lot going for it imho, and is on the cusp of what looks like very substantial progress on a number of fronts. Imo the next 6 months is likely to be a very exciting time.

    That said, if nickel does a big pullback (and it does look toppy to me) then a 20% pullback from wherever it is at the time would just be par for the course for IGO. I can't however see much sp retreat on any exploration disappointment. Only the pon, Tropicana or general market sentiment seems to do much for the sp imho.

    I have an interesting position in STB, but haven't bought above 20, it's really hard to value, whereas IGO probably fully underpinned by Long plus cash.

    EL
 
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