The issue with IGS is that they have always had loads of cash but have not found that illusive resource. They have land in the right places (especially in Tropicana Belt, W.A.), just need a bit of good old fashioned luck.
Cape Lambert have 33% which some see as an overhang on the SP, given CFE are offloading all their assets other than iron ore.
Have some, watching closely for developments.
The issue with IGS is that they have always had loads of cash...
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