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Billion $ Club News & Reports, page-210

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09/10/23

22:04

Post #: 70255239
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Originally posted by anatol: ↑

Even a 30mt at around 1.2% spod grade starting from surface would be very valuable at that location, it might give a project value over $2b IMO. That'd be over $10 share price.

There are seriously genuine and strong people involved in this stock. That's one of the most important reasons I'm in and holding tight. I'd even buy more but no more free capital atm.

No need to explain who is Simon Lili the chairman of IR1. He is also the chairman of DRE which is a very successful gold explorer company with $2b mcap.

Chris Connell is a decent and experienced director IMO. He is doing all the serious work in the company I guess.

I don't know much about the other directors though.

The other very important thing is the involvement of Harvis Managing Director Kelvin Flynn. He was appointed strategic corporate advisor to Ires. He is the most experienced corporate adviser in the hard rock lithium business of Australia and the world.

See Ires's anns about him below.

I think Ires is keeping low profile and trying not to be taken over early. Not making much presentations and noise.

Interesting times head I guess.

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@anatol any thoughts on today's announcement and commentary from Iris?

IR1 Price at posting: $1.60 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 20.0¢		Change 0.000(0.00%)		Mkt cap ! $27.32M

Open	High	Low	Value	Volume
20.0¢	20.0¢	20.0¢	$1.072K	5.36K

Buyers (Bids)

No.	Vol.	Price($)
1	5000	19.0¢

Sellers (Offers)

Price($)	Vol.	No.
20.0¢	27185	2

View Market Depth

No.	Vol.	Price($)
1	5000	0.190
1	21594	0.185
1	10000	0.180
5	89128	0.150
1	25000	0.135

Price($)	Vol.	No.
0.200	27185	2
0.235	1575	1
0.240	10000	1
0.245	25000	1
0.250	48734	2

Last trade - 10.04am 19/08/2024 (20 minute delay)

IR1 (ASX) Chart