As I read on IGO the plan looks to be diversify the income stream. So whilst IGO will become less reliant on lithium to shape their NPAT it will still be a big money maker. The AISC of greenbushes is at the very bottom of the cost curve and even with the percentage ownership that IGO possess still amounts to more Lithium income than many of the new kids on the block will ever deliver.
At a 10 billion market cap, low debt and solid lithium income it demonstrates to me that bringing on the diversified income of copper, nickel will be well financed. I believe those dividends will grow in the coming years along with an appreciating share price.
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As I read on IGO the plan looks to be diversify the income...
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