IR1 iris metals limited

Ann: Suspension from Quotation, page-5

  1. 11,414 Posts.
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    I note from the Quarter Cash Report that 'admin and corporate' and 'staff costs' come to almost one million dollars.

    Yet the Company hasn't or won't or cant provide any indication of progress or visuals or core photos of the Tin Mt drilling which started a month ago and is supposed to finish in 2024.

    The below quote is from the ann of Oct 1.

    "Tin Mountain Drill Program
    The 2024 drill program at the Tin Mountain Project will look to further test both the grade andextensions of the known pegmatite over depth and across strike under cover. A total of twenty-six (26) drill holes are planned from six drill pads, for 1,560m of diamond core drilling"

    If core data is available and has been disclosed to corporate investors but denied to existing share holders then such action by the Company is contrary to corporate law.
    IMO its time for the market policemen to step in on these sorts of matters.

    I could say a lot more, but I reckon you get the message, and I do not want to detract from the obvious potential for IR1.

    All IMO, not advice.
 
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Last
9.4¢
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Mkt cap ! $16.72M
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1 100000 9.5¢
 

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Price($) Vol. No.
10.0¢ 45000 2
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Last trade - 16.21pm 23/07/2025 (20 minute delay) ?
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