IGO had the first go on CSA but decide not to buy.
Pls look at my old post on IGO buy CYM at $120m to $150m for T.O. double of our current m. cap.
$150m + $200m ( Capex) = $350m to get up N running
N 25,000 ton/year cu plate in 2023.
And add CYM other sites for total of 80,000 ton/year. in 4 years time.
With IGO deep pockets maybe , in 3 years can be down
And IGO save on the JV $32m N combine Niffy with rest of IGO JV site.
Still cheaper to buy CYM as compare to buy CSA
dated 13 Dec 2021
58256777
IGO had the first go on CSA but decide not to buy.Pls look at my...
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2.1¢ |
Change
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Mkt cap ! $32.04M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.4¢ | 2.0¢ | $36.46K | 1.750M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 70958 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 1232490 | 4 |
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