The most likely outcome for the iguana species in their new island habitat is:
Mutations will occur, allowing a new species to evolve and survive in the new environment.
This outcome reflects that while mutations are a natural part of genetic variation and can occur randomly, the iguanas will likely adapt over time to their new environment. Given that they are in a different ecological context, these adaptations could lead to evolutionary changes that might ultimately result in the emergence of a new species.