Ann: IGO: IGO Takeover of JML - Investor Presenta, page-48

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  1. 2,617 Posts.
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    re: Ann: IGO: IGO Takeover of JML - Investor ... Was canvassed today for my thoughts and explained that top of the market IGO scrip for undervalued JML was a poor exchange - at 1 for 8. When prompted for detail, said that at this stage of the economic cycle I would prefer to be exposed to Zn and Ag rather that Ni. Neutral on Au.

    Zn is moving into deficit, Ag is already in deficit whilst Ni is capped by resurgent nickel pig iron production.

    At these prices I'll stick with my JML.
 
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