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Tom, you still haven’t explained why IGO would invest in order...

  1. Bayer3
    116 Posts.
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    13/12/23
    03:00
    Post #: 71415539
    Tom, you still haven’t explained why IGO would invest in order to lose money over an extended period. I thought businesses were meant to make money?

    Particularly after the WSA mess, IGO will not buy a loss making mine (for $200m ; to allow current SH to gain return on investment). ?

    Ni ramp up in Indonesia has reset the Ni price cost curve and WA nickel is really struggling (from what I’ve heard).

    cheers
    PAN Price at posting: 3.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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