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IGO Ltd

IGO.AX

Latest Trade

6.22AUD

Change

-0.22(-3.42%)

Volume

1,466,828

Today's Range

6.17

 - 

6.29

52 Week Range

4.09

 - 

7.11

As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay

Latest Developments

Independence Group Announces Shareholder Approval Of Change Of Co Type

Jan 20 (Reuters) - Independence Group NL <IGO.AX>::CHANGE OF CO TYPE FROM NO LIABILITY CO TO CO LIMITED BY SHARES APPROVED BY SHAREHOLDERS.TO CHANGE CO NAME FROM 'INDEPENDENCE GROUP NL' TO 'IGO LTD'.

Independence Group Says H1 Metal Production Beats FY20 Guidance

Jan 8 (Reuters) - Independence Group NL <IGO.AX>::GOLD PRODUCED FROM TROPICANA OPERATIONS FOR H120 257,252 OZ.FROM NOVA, NICKEL PRODUCTION FOR 1H20 AT 15,236 T.AT TROPICANA, EXPECT TO PRODUCE WITHIN GUIDANCE FOR YEAR, WITH LOWER GOLD PRODUCTION DURING 2H20.2Q20 PRODUCTION UNAFFECTED BY RECENT BUSHFIRES, DOES NOT EXPECT ANY MATERIAL IMPACT TO 3Q20 RESULT.

Panoramic Resources Notes Independence Group's Statement On Takeover Offer

Dec 27 (Reuters) - Independence Group NL <IGO.AX>::NOTES INDEPENDENCE GROUP NL STATEMENT REGARDING OFFER.REMAINS CONFIDENT IN STRATEGIC VALUE OF ITS SAVANNAH PROJECT.IGO HAS NOT HAD ANY SUBSTANTIVE DISCUSSIONS WITH CO SINCE RELEASE OF INDEPENDENT EXPERT'S REPORT ON DEC 23.THIRD PARTIES REMAIN IN DATA ROOM; THERE IS NO GUARANTEE OF A THIRD PARTY PROPOSAL.

Panoramic Resources Says KPMG Assessed Offer From Independence Group

Dec 23 (Reuters) - Independence Group NL <IGO.AX>::KPMG ASSESSED OFFER FROM INDEPENDENCE GROUP AS "FAIR AND REASONABLE TO PANORAMIC SHAREHOLDERS, IN ABSENCE OF A SUPERIOR PROPOSAL".BOARD WILL REVIEW INDEPENDENT EXPERT'S REPORT & PROVIDE ITS RESPONSE, INCLUDING UPDATES TO BOARD'S CURRENT RECOMMENDATION.PENDING OUTCOME OF BOARD'S REVIEW, CO'S SHAREHOLDERS SHOULD TAKE NO ACTION IN RELATION TO OFFER OR DOCUMENTS SENT BY IGO.

Independence Group Says Will Not Participate In Panoramic's Entitlement Offer

Dec 5 (Reuters) - Independence Group NL <IGO.AX>::NOTES PANORAMIC RESOURCES LIMITED'S ANNOUNCEMENT.IGO NOT TO PARTICIPATE IN PANORAMIC ENTITLEMENT OFFER, AND SAYS RESERVES RIGHTS OVER BREACH OF TAKEOVER CONDITION.HAS DETERMINED NOT TO PARTICIPATE IN ENTITLEMENT OFFER IN RESPECT OF ITS EXISTING 3.8% SHAREHOLDING IN PANORAMIC.ENTITLEMENT OFFER BREACHES A CONDITION OF IGO'S TAKEOVER OFFER FOR PANORAMIC.

Panoramic Resources' Unanimously Recommends Rejection Of Independence Group Takeover Offer

Dec 5 (Reuters) - PANORAMIC RESOURCES LTD <PAN.AX>::PANORAMIC RESOURCES LTD - PANORAMIC BOARD UNANIMOUSLY RECOMMENDS REJECTION OF IGO TAKEOVER OFFER.PANORAMIC RESOURCES - PANORAMIC DIRECTORS UNANIMOUSLY RECOMMEND THAT SHAREHOLDERS REJECT UNSOLICITED, HIGHLY CONDITIONAL OFF-MARKET TAKEOVER IGO BID.

Panoramic Resources Says Production Of First Stoped Ore From Savannah North Remains On Target For March 2020 Quarter

Dec 4 (Reuters) - Panoramic Resources Ltd <PAN.AX>::PRODUCTION OF FIRST STOPED ORE FROM SAVANNAH NORTH REMAINS ON TARGET FOR MARCH 2020 QUARTER.UPDATED SAVANNAH LIFE-OF-MINE SCHEDULE SEES MODEST REDUCTIONS IN FORECAST ORE TONNES (5%), NICKEL GRADE (2%).STRONG EXPECTED RAMP-UP IN CONTAINED METAL PRODUCTION THROUGH CALENDAR 2020 FROM TRANSITION TO MINING OF SAVANNAH NORTH.PANORAMIC DIRECTORS MAINTAIN THEIR RECOMMENDATION TO TAKE NO ACTION IN RELATION TO IGO TAKEOVER OFFER.UPDATED SAVANNAH LIFE-OF-MINE SCHEDULE SEES MODEST REDUCTIONS IN FORECAST ORE TONNES, NICKEL GRADE RELATIVE TO FEASIBILITY STUDY.UPDATED AVERAGE ALL-IN-SUSTAINING COST FORECAST OVER RESIDUAL LIFE OF SAVANNAH MINE (FY2021-27) OF US$3.77/LB PAYABLE NI.

Panoramic Resources Maintain 'Take No Action' Recommendation On IGO'S Offer

Nov 25 (Reuters) - Independence Group NL <IGO.AX>::PANORAMIC DIRECTORS MAINTAIN THEIR RECOMMENDATION TO TAKE NO ACTION IN RELATION TO IGO'S OFFER.ANTICIPATES A NEED FOR ADDITIONAL SHORT-TERM FUNDING OF $30 MILLION.COMPANY HAS EXECUTED A A$10.5 MILLION UNSECURED LOAN AGREEMENT WITH ZETA RESOURCES LIMITED.CONSIDERING OPTIONS FOR SHORT-TERM FUNDING, INCLUDING AN ENTITLEMENT OFFER OF NEW SHARES TO PANORAMIC SHAREHOLDERS.NEW FY20 PRODUCTION GUIDANCE OF 7,000-7,500T NI CONTAINED, 4,500-5,000T CU CONTAINED & 400-450T CO CONTAINED FOR SAVANNAH PROJECT.

Panoramic Resources Starts Data Room For Number Of Parties To Conduct Due Diligence

Nov 22 (Reuters) - Panoramic Resources: :ESTABLISHED A DATA ROOM AND WILL PROVIDE A NUMBER OF PARTIES, INCLUDING IGO, WITH INFORMATION TO CONDUCT DUE DILIGENCE.OPERATIONAL REVIEW IS CURRENTLY UNDERWAY TARGETING AN IMPROVED OPERATIONAL PERFORMANCE AT SAVANNAH.DATA ROOM TO PROVIDE OPPORTUNITY TO PUT FORWARD ALTERNATIVE PROPOSALS TO MAXIMISE VALUE FOR PANORAMIC SHAREHOLDERS.FIRST DEVELOPMENT ORE PRODUCED FROM SAVANNAH NORTH DEPOSIT THIS WEEK & ORE PRODUCTION EXPECTED TO RAMP UP OVER COMING QUARTERS.NO CERTAINTY THAT ANY ALTERNATIVE PROPOSAL WILL BE PUT FORWARD,.REITERATES ITS PREVIOUS ADVICE THAT PANORAMIC SHAREHOLDERS TAKE NO ACTION IN RELATION TO IGO OFFER.NOTES THERE IS NO CERTAINTY THERE WILL BE RECOMMENDATION IN FAVOUR OF ANY ALTERNATIVE PROPOSAL BY PANORAMIC BOARD.

Independence Group Reviewing Panoramic Offer

Nov 14 (Reuters) - Independence Group NL <IGO.AX>::INDEPENDENCE GROUP NL - GIVEN MATERIAL CHANGE TO OPERATIONAL & FINANCIAL POSITION OF PANORAMIC, IGO IS REVIEWING ALL OF ITS OPTIONS RELATING TO OFFER.INDEPENDENCE GROUP NL - REQUESTS PANORAMIC BOARD TO PROVIDE IGO WITH DUE DILIGENCE ACCESS TO ENABLE IGO TO CONFIRM ITS OFFER.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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