Good question.
by the way, I like the alias.
well thought out.
it’s not so much the mineral resource of the IAC you speak of. It appears to have merit in the grade but I feel there is not enough interest surrounding these deposits. Research suggested there is worth in IAC but how many globally (particularly in Australia when cost is so high), are being mined?
The board seek opportunity based on current market conditions. I would like to see a long term growth strategy underpinned by the continual development of their flagship resources.
No one appears to discuss this. Just flavour of the month.
It just kills me to have seen MRD at 3.5c way back and since then (following the belittling of Dean who IMO had decent conceptual targets and sound buisness strategy), it’s been a few key members who push the flavour of the month down people throat.
The Fe play was the height of ridiculous (actually taking grab samples of an iron ore play). I have not been burnt. I just lack the trust and when that happens, it very difficult to earn back.
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