General sentiment is horrible.
I see the SP action of IR1 to be not much different than the sector. We are probably trading lower than we should due to delayed assays. The last assays returned the biggest hit at 1%. The market is pricing in more low grade. 1% is not considered low grade with 1.3% economic and 1.5% your kicking goals.
Hopefully the deeper zones are a higher grade and a $120mill MC can come back pretty soon.
IRIS General Discussion, page-433
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $27.68M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.5¢ | $36.53K | 181.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 20000 | 1 |
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| Last trade - 10.47am 26/07/2024 (20 minute delay) ? |
| IR1 (ASX) Chart |