IGO 1.97% $4.98 igo limited

It's a good deal, imo. $1.9B for 24.99% of Greenbushes mine and...

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    It's a good deal, imo.

    $1.9B for 24.99% of Greenbushes mine and 49% of Kwinana plant.
    The 49% of Kwinana plant would be around $400m based on the construction spending, then the 24.99% of Greenbushes mine is roughly valued at around $6B.
    Greenbushes mine will be expanding to produce 1.9 million spodumene concentrates and it's the lowest cost, should be given a huge premium, imo
 
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