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.
annoucement, page-5
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IGO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.33 |
Change
-0.250(4.48%) |
Mkt cap ! $4.036B | |||
| Open | High | Low | Value | Volume |
| $5.40 | $5.45 | $5.33 | $25.01M | 4.655M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 66945 | $5.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.39 | 1850 | 1 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| IGO (ASX) Chart |