Hi all,
Long time lurker, mid-term holder.
Current cost basis A$7.34
Love the SP trajectory - imo, IGO would be working through the $13s right now if it hadn't been for recent volatility.
If I were in Belenbibon's shoes, I would add 10-20% and take the short term.
Love the production:
NOVA continues to grow and shine; I'm here since NOVA
- A$377.2 million, a significant improvement over the prior period of A$312.0 million;
- 10,617 tonnes of nickel, 6,047 tonnes of copper and 212 tonnes of cobalt
Love the transition; they are doing what they said they would.
(just a wee bit disappointed about Tropicana, but only rarely a gold bug (like now, lol)).
And they just added 50ktpa copper moments before EV battery grade LiOH production start?
Love the actual; love the potential more:
Continuing robust exploration across the greening metals. Each of which is about to experience demand growth that will surpass average expectations imho.
BOTTOM LINE: Undervalued. They have a plan, they have big assets, they have solid smart experienced proven corporate and production management; I see a big mismatch between SP and forward production that bodes well for both growth and divvies imho.
My Guesswork: $16 by EOY. Perception still catching up. Not your Daddy's IGO. Watching volumes closely.
GLTAH
GO IGO!
- Forums
- ASX - By Stock
- IGO
- The "Drunken Sailor" phase
The "Drunken Sailor" phase, page-10
-
-
- There are more pages in this discussion • 3 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
MND
Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?
NVA
Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter
Add IGO (ASX) to my watchlist
|
|||||
Last
$5.65 |
Change
-0.075(1.31%) |
Mkt cap ! $4.301B |
Open | High | Low | Value | Volume |
$5.76 | $5.76 | $5.63 | $4.153M | 732.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 9680 | $5.64 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.65 | 3836 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
39 | 9725 | 5.640 |
20 | 8798 | 5.630 |
23 | 44725 | 5.620 |
9 | 23953 | 5.610 |
19 | 57179 | 5.600 |
Price($) | Vol. | No. |
---|---|---|
5.650 | 942 | 5 |
5.660 | 14154 | 24 |
5.670 | 26345 | 18 |
5.680 | 34329 | 16 |
5.690 | 7532 | 9 |
Last trade - 12.48pm 29/07/2024 (20 minute delay) ? |
Featured News
IGO (ASX) Chart |