IGO 2.20% $4.89 igo limited

igo to blow, page-2

  1. 8,972 Posts.
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    $100000

    :-)

    You said 'could' after all :-)

    A more realistic price, assuming no exploration success, nickel prices stay high and AUD stays constant, I would say around the $2 mark is a good probability which would give it a PE around the 8-9 mark...justifiable given a minelife of a least 5 years.

    Further possible upside comes mainly from:

    - exploration success
    - a postive Matrix feasibility study
    - dividend increase

    The worst think imaginable (for me) would be IGO getting taken over...

    Cdchi1
 
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