Cin,
what are you talking about? The cut-off grade is 0.6g/t -which is not the actual grade, grade = 2.01g/t. This is very acceptable at this stage.
IGO owns 1.2M oz of the resource. This is also very acceptable as this will be a low cost operation.
You’d price IGO’s share at about $200 per oz, or $240M to the mcap…
I think the weakness is more attributed to weak Ni prices as well as general market doldrums.
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IGO
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Last
$5.00 |
Change
-0.360(6.72%) |
Mkt cap ! $3.786B |
Open | High | Low | Value | Volume |
$5.30 | $5.31 | $4.97 | $35.73M | 7.046M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 3348 | $5.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.01 | 512 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1524 | 5.300 |
3 | 1096 | 5.090 |
1 | 2000 | 5.050 |
1 | 354 | 5.040 |
1 | 540 | 5.000 |
Price($) | Vol. | No. |
---|---|---|
4.650 | 1451 | 1 |
4.690 | 4800 | 1 |
4.700 | 202 | 1 |
4.750 | 2699 | 1 |
4.800 | 500 | 1 |
Last trade - 16.11pm 28/07/2025 (20 minute delay) ? |
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IGO (ASX) Chart |