re: Ann: IOH Increases JORC Mineral Resource ...
As a long time holder I do not view IOH as having ambitions towards being an independent producer. I am anticipating asset sales with royalty trails. Hopefully we can see one of those lovely pods offloaded in place of a cap raising but either way the capital management issue will pass easily enough. The FMH/IOh orebody will extract significantly more ore as one operation that doesnt have to abide by clearance issues between boundaries. My advice is between 20- 30% range. On those numbers i cannot see how it wont be one operation.
IOH Price at posting:
$1.82 Sentiment: Hold Disclosure: Held
