IGR 0.00% 50.0¢ integra mining limited

read between the lines, page-9

  1. 4,427 Posts.
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    tooli and davamrc

    Yes as a long term holder I have to agree with you. The announcmeent reads like waffle to me and the shame of it is that I've heard it all before from Chris Cairns.

    Remember Reddale indeed. Not so much that it turned out to be a fizzer but for all the spruiking from CC about how Reddale meant Integra was special. Fact is that of the four producers to come out of that part of WA, Integra runs behind Avoca, Ramelius and Silver Lake imo.

    Not sure there is anything major wrong with the plant and mine but just more bumbling along from Integra. Why fork out cash for early stage development now if money is tight? Why dilute current shareholders to pay back debt now that Integra actually has cash coming in?

    BB - Having been around IGR for close to 5 years now I have pretty much heard all the lines that CC has got. But if you look back over the time since they realised they had a decent deposit at Salt Creek their performance has been plodding imo. I honestly don't think he has too much different to offer than in the past.
 
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