IR1 2.27% 45.0¢ iris metals limited

Ann: Lithium Results Continue to Grow the Beecher Discovery, page-99

  1. 90 Posts.
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    Bigowey: that is a paid advertisement

    Melman: Indeed!

    JandJ: A PEA or Scooping Study includes metrics such as inferred resources that do not comply with JORC standards and as such carry little or no weight at all.

    The Pre feasibility study will be more interesting but even that is just a baby step. Finance demands a DFS and that is at least 18 months away and another CR to pay for it, at the very earliest. It is very premature to be discussing processing when the company has not even produced an MRE yet. Comparison with Liontown?

    Kruiser: No brainer it will be low cost? The resource is not high grade and the metallurgy is unknown so far to early to be confident in production costs.

    MoonRocket: lol

    Wadegarrett: those are not shadows holders are jumping at.


    I would not be holding at these levels because I think you will be able to buy back in around 70 cps. The graph is ugly.

    https://hotcopper.com.au/data/attachments/5797/5797101-f7ce9a99bfad00db2e229dce08d9197a.jpg
 
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