IGO 0.56% $5.36 igo limited

Resistance at $5.23, page-19

  1. 108 Posts.
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    tjtian,
    the key risk for me re IGO, is that the current half year is forecast to have double the nickel production as compared to the first half. So, they need to consistently achieve full throughput tonnage and at higher grades than the first half year. We won't know if they are achieving this, until the next quarterly announcement. In the last half year report they announced that they were achieving full throughtput tonnage - so that's positive. Nevertheless, there would seem to be more downside risk than upside.
    Sirecho
 
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