I think with the board meeting today to approve the Pre-feasibility study ( gold now AUD$916 spot ), we should get amazing numbers from this report when it is released to the market.
I wonder what sort of production numbers we will get from this spot price. You can't tell me it's going to be 75-90k oz's anymore. It's going to be a top 10 Australian gold producer within no time. That demands market cap.
Plant has been purchased, we are now looking at a producer, not an explorer. The market will wake up to this fact very quickly.
Borthanna drilling commencing this week. No more needed to be said about that. ( Watch out for the Canadians )
Everything smells of a re-rating, wouldn't be surprised if we get into the 30's in the very near future.
By far the cheapest entry into a pre-producer now available.
IGR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held