What gives Ir1 double the MC of another explorer if Beecher is not economic ??
Other explorers sit at $10mill-$20 mill MC .. IRIS sits well above that .. And I believe will continue to slide until it reached the other junior values. The intercepts at Beecher were good. however with the inconsistent results, poor management and ultimately a non economic deposit there gives IRIS nothing to stand on.
Cash on hand is ok. But MC is over valued currently.
What gives Ir1 double the MC of another explorer if Beecher is...
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Last
34.5¢ |
Change
0.025(7.81%) |
Mkt cap ! $46.07M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 36.0¢ | 33.0¢ | $123.7K | 367.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 50000 | 1 |
View Market Depth
| Last trade - 15.54pm 28/06/2024 (20 minute delay) ? |
| IR1 (ASX) Chart |