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 ! $11.50M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 25216365 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 2846068 | 8 |
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| Last trade - 11.48am 10/07/2025 (20 minute delay) ? |
| TYX (ASX) Chart |