Disciples are you illiterate? (that means you cant read), or just plain thick skulled.
Before blasting your own BS around, substantiate some sort of semblance of understanding or at the very least enter into a normal civil debate. Attacking something without understanding the gist of the message exudes ignorance.
Where did I say IBR are 10 years away from production. If you want clarity on my statement and an extension of what I meant then understand this: "it takes 10 years from idea to conception of most gold mines". Notice the word most. Notice also that many miners buy or takeover existing infrastructures.
What I will add however is that to ramp up to 250k ounces a year will cost many tens of millions of dollars. To get there with current production levels and with estimated profits on 35-45k ounces of production a year will take 3 years at the minimum and more like 5 years. The alternative is to strike whilst the commodity(gold in this case) is hot and it WILL require some sort of large capital outlay.
Whether it be borrowed, shares sold or any number of other alternatives, this capital raising will dilute your shareholding dramatically.
Argue the point and substantiate your argument otherwise what you have to say is naught more than BS.
IBR
iberian resources limited
