"What would IGO have to do to get Tropicana to an equivalent stage?"
For IGOs stake to be worth $200m, Trop, as stated before, IMO needs to be proven up to about 6m ozs, feas study completed, and the price of gold at least to about current price in A$. Then I reckon $100/oz IGV maybe possible. This is, I reckon at least 2 years away.
If, however, POG rises as some like Pierre Lassonde suggests (who has been pretty accurate in the past) to over $1000 oz, that then would certainly give the project a wriggle on
independence ripe for takeover, page-7
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Last
$5.92 |
Change
0.170(2.96%) |
Mkt cap ! $4.483B | |||
| Open | High | Low | Value | Volume |
| $5.88 | $5.92 | $5.77 | $21.59M | 3.669M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19043 | $5.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.92 | 118447 | 7 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| IGO (ASX) Chart |