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  1. #11
    Share Collector
    Join Date
    Mar 2005
    Location
    Porirua
    Posts
    3,509

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    Trading halt pending an announcement in regard to management... this does not sound good. Chris Bonwick has been associated with the success of IGO and a strong driver of the business, so shareholders will be saddened if his temporary leave has become permanent.

  2. #12
    Senior Member
    Join Date
    Jan 2015
    Posts
    512

    Default

    Good HY reprot yesterday, big drop today, I m going in if it drops a bit more tomorrow.

  3. #13
    ****
    Join Date
    May 2013
    Location
    NZ
    Posts
    4,551

    Default

    Picked up some of these puppies today.
    Low cost producer making good cash & should be debt free in a year.
    Currently have enough cash to repay debt in full.
    Now long OZ & these guys.
    Both look very cheap in my view & copper is starting to look better also & they have the exposure to the AUD.
    Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.

  4. #14
    ****
    Join Date
    May 2013
    Location
    NZ
    Posts
    4,551

    Default

    After trading out for a quick 8% the other day, I'm back in at lower levels & doubled up.
    Crazy cheap if you ask me.
    Copper production cuts have started so I can't see copper going too much lower & China is accelerating some of its infrastructure projects which should also help demand.
    Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.

  5. #15
    Legend shasta's Avatar
    Join Date
    Sep 2004
    Location
    Wellington
    Posts
    5,914

    Default

    Long time since any talk of IGO.

    Nickel, Copper and Cobalt from Nova going strong, as is the gold at Tropicana, strong margins and cash flows. Now also debt free.

    Stingy dividend but $50m+ going into exploration and they have a few JV earn ins around the highly prospective Fraser Range.

    Share price has been strong of late, $5 on the cards?

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