IGO 2.17% $5.86 igo limited

New all time high, page-533

  1. 2,484 Posts.
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    The WSA acquisition at the time was reasonable as Nickel is about US$28,000/t in Jun 2022.
    I in fact hold WSA shares then and Thought it was a robbery. Who would have thought that
    NPI can be transformed to Matte and Limonite dimmed just overburden waste will be the new
    Darling for Indonesian New Generation HPAL Plants. This plunged the Nickel price that even Nickel West
    of BHP is in danger of closing by August this year. Cosmos' Odysseus and AM6 mines are initial 201KT
    nickel. Grade at 2.1%. This recourses is still intact. This alone worth a billion if Nickel go back to US22,000/t.
    Indonesia will start curbing its resources as at current rate, won't even last a decade. So yes, Nickel is still
    in play for IGO in my eyes.
 
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