good news! more resource than i was expecting.
now to convert this to a reserve... I'd assume a level of maybe 6mt as an initial reserve, then they'd look to increase as they develope the mine. This will keep them busy for a while and bring in some handsome profits.
I wonder if the market will care about this announcement? I have my doubts! but I have no doubts about where IFE is heading in the longer run.
cheers
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Mkt cap ! $13.15M | |||
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