The "Drunken Sailor" phase, page-10

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!