IGO 4.78% $5.58 igo limited

re: give it a valuation..just for fun/jebjabre.. Bit of a...

  1. 5,867 Posts.
    re: give it a valuation..just for fun/jebjabre.. Bit of a quantum leap in commodity exposure......nickel and a bit of copper to zinc (lead silver) and a bit of copper...

    Commonality:- in production, good management, based in Perth.....thats about it?

    Quite like KZL but would not put in the same league as IGO in terms of cashflow until it can convert one of its existing assets to one with long mine life-too high a proportion of existing cash flow for KZL goes into the next development of a deposit with a short mine life. That also makes it very prone to production hiccups as the metallurgy varies significantly in each instance.
    Cheers,TAS
 
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