IR1 7.81% 34.5¢ iris metals limited

good point@Swift4. DD would be costly unless previous drill...

  1. 2,738 Posts.
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    good point@Swift4. DD would be costly unless previous drill boost the confidence. I got my rough plan below for the next 6 months:

    Catalyst 1: BD projected resource estimate thru assay results. Hope this give good uptick in total MRE
    Catalyst 2: Stacked pegs system confirmation (DD visual interception) which is common in T1 deposit. This potentially is a game changer for Beecher project alone
    Catalyst 3: BD stacked under Beecher and Long View via further drilling toward year end

    Cat 1 tick would give SP surpass $4 to $7
    Cat 2 tick would likely give MC surpass 1B (~$6 - $10 per share)
    Cat 3 tick potentially give MC reach 2B short term (~$12 - $18 per share)

    There are many variance in terms of thickness, length, grade, Lithium price performance etc. so projected MCs are all just speculative at this point.

    There are other news would come in between including Edison Mine sampling, Licensing, addition acquisition for extension, investment from big guys via CR etc.

    I got AZS projected MC once right so hopefully score it once again.
 
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