your right toafk, but may be a bonus for IGO . Not sure what the industry is using to value resources, maybe $50 an ounce. That would value Tropicana at say $200million. So IGO could pay $40million to get to a 50%share of the most exciting gold discovery in Australia for a long time.
Having $140million in the bank is what counts right now
I had no idea how financially weak Anglo was with a billion dollar convertible bond to refinance
delays for tropicana, page-2
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Last
$5.09 |
Change
-0.110(2.12%) |
Mkt cap ! $3.854B | |||
| Open | High | Low | Value | Volume |
| $5.11 | $5.20 | $5.09 | $15.77M | 3.077M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 44376 | $5.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.10 | 479 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| IGO (ASX) Chart |