$2 Club, page-168

For the $2 club,
this is the chart we should be comparing ourselves too
SIR 2012 -2014
5c to 50c to $5

SIR is now part of IGO and produces 43% of its revenue
So its worth now $3.1B on MC of IGO x 43% imho.
Yet it has only a 1.5Mtpa mill stranded in Norseman, only 2.0% grades & super low costs of $1.80 uslb.
This is a lesson for POS, the infrastructure & the costs are the key not the JORC, the grade or even the NP.

This is why SIR ran like it did & is now so valuable.
Could POS emulate it as it has more going for it than SIR did.