Give us a break and spare us your juvenial maths.
IBR at 2 billion $ in a few years aye....I'll go slow for you.
$2,000,000,000 x 86% [ tmr share of IBR ]
= $ 1,720,000,000 divided by 950,000,000 shares [ on issue in tmr ]
= $ 1.81 per share .
Now you say we should have taken 4:1 , thats $1.81 x 4 = $7.24
I'd say you're a bit short on our $16.00 + value
Need we go into the "dime a dozen" copper prices verses gold's huge price upside in a few years , not to mention the huge resource differences.
Now go stand in the tmr corner until Hugh calls you . I'm sure Hugh understands you gave your IBR shares away and will lend you his hankie and I'm sure he'll do his best to make you happy with your new tmr shares.
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iberian resources limited
Give us a break and spare us your juvenial maths.IBR at 2...
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