IEC 0.00% 0.1¢ intra energy corporation limited

Ann: IEC Acquires James Bay Lithium Project, page-18

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  1. 27,745 Posts.
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    As a betting man, a gambler. I look at the probability. You have the rabbits who will become road kill who over pay, when there is a potential of the locations to be potentially barren/ mediocrity . Or no better than any others who have been vended locations off outside of green stones. (Presumptions that WR1 / PMT success is due to their locations on greenstones). And that will unleash the overhang of 720m FP onto market to breakeven at 0.4/.5c

    And as CRs go, there is a great history of markets washing that stock through at the CR price, unless there is a compelling case to value it higher. And they have not yet made that case. Only hyped it on a region.

    Again, how do they think to present an acquisition to market, without showing the exact location ?
    If you had greenstones, you would show it.
    Last edited by stevenjd: 18/05/23
 
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