igr evaluation: +0.74c 12-18months

Folks,
I don't know if this has been posted previously, my apologies if it already has, but there is a great little evaluation completed by Andrew McCrea from Proactive Investors dated the 16th August titled:

"Integra Mining Ltd: sets up to become Australias lowest cost, highest grade open pit gold producer"

I'd post the complete article but I'm a little unsure re copyright legalities, if there is someone a little braver than me, feel free to cut and paste the complete article, but if that doesn't happen, its pretty easy navigating around their website to read it yourself.

This is the summary snippet from the end of the article by Andrew McCrea:

"In summary, IGR will have significant impending gold production and adding to the spice, could also be a potential takeover target, given regional consolidation in the goldfields. Throw in the upside from the removal of the overhang of shares and its all systems are go for IGR.

Based on the forgoing, plus NPV and IRR growth and EV/Ounce comparative valuations and an exploration upside model, could see an IGR valuation of >$0.74 within 12-18 months."

And this is without the latest drill results, there is plenty of upside to this little beauty!!