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The Big Boys, page-716

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29/09/16

10:34

Post #: 19500425
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Originally posted by snout ↑

Re IGO..... generally likes to fill gaps, I lightened yesterday and looking at $3.90 for re-entry
Need confirmation of Philipino govt following through on shut downs. If Ni price follows through, IGO will have Nova coming on stream later in the year, very low cost production, so could be a nice confluence. Would be surprised if IGO will not re-visit $6 in medium term. In addition, Cu looks to be putting in a bottom

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thanks Snout sitting tight on most for mine. just doubled from entry to sell on icg in a few days. alk over 100% move now. rare conditions . hard to pick other than to say some decent rerates happening this year
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