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
takeover target, page-2
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Last
$5.75 |
Change
-0.110(1.88%) |
Mkt cap ! $4.354B | |||
| Open | High | Low | Value | Volume |
| $5.73 | $5.79 | $5.70 | $21.45M | 3.734M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 398 | $5.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.75 | 11335 | 1 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| IGO (ASX) Chart |