IGO 1.14% $5.31 igo limited

takeover target, page-2

  1. 5,227 Posts.
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    True, but so does SMY, WSA, MNR, EQN (to a lesser extent) as well.

    When you look at their strategy, they want Nickel to be 50kt per annum. SMY and WSA, on current data appears to be able to fulfill that requirement quicker than IGO. Both companies are aiming for 20kt per annum of Ni.

    My ranking would be

    no 1 SMY - sells to Jinchuan and aims to get to 20kt of Nickel - also has Copper and Cobalt
    no 2 IGO - only 10kt, but does have Gold
    no 3 WSA - has a corner stone investor that may be hard to move
    no 4 MRE - Laterite nickel rather than Sulphide.
    no 5 EQN - Soverign risk

    HT1
 
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