IGC is being priced with something else in mind as well ....
With the further drilling increasing the resource it is no longer an initial resource but on the way to attaining target minerization of 100 million ounces .
The presenter at NKP spoke in general market terms only and if corporate expectation comes into play the general market is not relevent imo .
Every major platinum player knows this region and expecting to pay $5 per oz inground is fantasy in a takeover scenario . Above $50 per oz minimum and it is still cheap at that considerng Platinum is selling for $2150 per oz and some predators have likely already got mining infrastructure in place now .
- Forums
- ASX - By Stock
- resource valuation 1.05 for igc
IGC is being priced with something else in mind as well .......
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IGC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online