IGO should be at 14.00 imho LiP is at 2 monthly highs and still...

IGO should be at 14.00 imho

LiP is at 2 monthly highs and still 5000% HIGHER THAN 2020
NP has GONE UP 9% in the last 2 weeks

IGOs revenue is based on LiP and NP.
Nova is still pumping and almost all IGOs competitiors sans BHP have gone under

MCR shutdown NO MILL
PAN shutdown & Administrator appointed
BHPs OZL stuck in mud qwith $11B capex spent in the black hole nullabor no MILL
POS ceased restart programme in Sept and did deal with MINRES to sell its LJ project for a paltry $15M cash
BHP shuttered its Kambalda MILL and MINE after MCR shuttered.
BHP has downgraded Mt Keith mine and mill and considered shuttering all of NWest too. NUTS.
WSA was purchased by IGO for $1,200M and now all shuttered too.

IGO is one of only 3 Ni miners in Oz listed on ASX left.
Only IGO BHP POS are left in Oz.

IGO stands to benefit as one of the last men standing in Ni once this upturn spikes as predicted by the Macquarie boyz.
Remember the Macquarie boyz were the ones who ramped SIR from 5c to 500c and flicked it to IGO in the first place and also traded WSA and flicked that to IGO also.

Macquarie is calling for a NP & LiP boom retrace.
So IGO sits pretty & cheap in that industry.
Way oversold imho.