IRN 0.00% 29.5¢ indophil resources nl

taken for granted, but not granted, page-2

  1. asf
    9,887 Posts.
    It's a funny one, HC. Perhaps there is a push to get the mining ban lifted, so the EIS can go forward smoothly. At the moment, IRN is still trading like a copper punt, but a cheap one, due to the ban. I reckon we all agree that if the ban is lifted, the share price will go much higher, but at the moment, we are just a copper cheapy (with the ban factored in to the share price). Should the markets become more bullish, I still think we have some give (upward) re the SP. The pundits may have got it wrong re the EIS, which seems to be far more attached to the ban than was first thought.
 
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