IGO as a company needs to figure out what its purpose and identity is.
The nickel business is depleting to zero, the hydroxide facility continues to struggle, so their only real asset of note is a non-operating non-controlling share of someone else’s asset. What are they, just a holding company?
Would you trust this management team to do M&A after the Western Areas debacle? Would you trust Vella to hold the board who signed off on that deal to account, given they’re the ones who hired him?
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