The trouble with your reackoning moto is :-
" but its better than that for tmr holders because they also have fantastic copper assets which make them worth more "
What a load of BS ---- in a few years time when copper returns to $1.65 lb , lets see how little tmr is really worth then.
With gold pushing $1,000 oz [ as most of the world's producers are anticipating ] and IBR is able to produce 200-400,000 oz gold , maybe you can visilise now the 10:1 earning capacity of IBR:tmr resources in a few short years.
If the maths are a bit beyond you , just wait till H C shows you in a few years time , I'm sure he fully understands IBR's huge resource potential-----guess where his efforts are going to be concentrated over the next 18-24 months......ask him yourself.
When Hugh proves up 5-6 million oz , that will support a 400,000 oz plant in Armenia alone , thats 200m$ net, 10 times what the Chilean copper resource could return.
So back in the tmr corner Moto and don't be sore you gave your IBR shares away.
- Forums
- ASX - By Stock
- IBR
- anybody home
IBR
iberian resources limited
anybody home, page-15
-
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IBR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online