III 0.00% 10.0¢ icon resources ltd

mt carbine negotiations win win status update, page-31

  1. 164 Posts.
    It's tough to say,
    my impatience impedes.
    Obviously it depends heavily on the outcome of current negotiations. I don't think III can do it alone, but I do believe in the management. Mt Carbine is one hell of a cornerstone IMO, with a very long economic future one way or another. I think with long sighted determination, a great deal can be done. If III can retain control of the asset, I see great potential in their (as yet undemonstrated?) ability to kick goals via exploration here and elsewhere, and also to grab some more good ground.
    There's a lot over 'cover' in FNQ, and a great cornerstone asset might fuel some 'ballsy' deep drilling.
    I'm not much of a financial guru, but I wouldn't be surprised to see III hitting $1 and paying a divi, when the cards fall in to place (next 3-4 years?)
    They've got integrity, which counts a lot for me. So many other juniors over manage and overpay themselves, and patronize investors with feeble re-runs of the same old crap, (e.g. AZX IMO).
    I believe III will become known for a bigger discovery down the track.

    he who stands tall walks taller
 
watchlist Created with Sketch. Add III (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.