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23.5¢ iris metals limited

@anatol any thoughts on today's announcement and commentary from...

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09/10/23

22:04

Post #: 70255239
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Originally posted by anatol: ↑

Even a 30mt at around 1.2% spod grade starting from surface would be very valuable at that location, it might give a project value over $2b IMO. That'd be over $10 share price.

There are seriously genuine and strong people involved in this stock. That's one of the most important reasons I'm in and holding tight. I'd even buy more but no more free capital atm.

No need to explain who is Simon Lili the chairman of IR1. He is also the chairman of DRE which is a very successful gold explorer company with $2b mcap.

Chris Connell is a decent and experienced director IMO. He is doing all the serious work in the company I guess.

I don't know much about the other directors though.

The other very important thing is the involvement of Harvis Managing Director Kelvin Flynn. He was appointed strategic corporate advisor to Ires. He is the most experienced corporate adviser in the hard rock lithium business of Australia and the world.

See Ires's anns about him below.

I think Ires is keeping low profile and trying not to be taken over early. Not making much presentations and noise.

Interesting times head I guess.

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@anatol any thoughts on today's announcement and commentary from Iris?

IR1 Price at posting: $1.60 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 23.5¢		Change 0.000(0.00%)		Mkt cap ! $31.73M

Open	High	Low	Value	Volume
23.5¢	24.5¢	23.0¢	$25.30K	109.1K

Buyers (Bids)

No.	Vol.	Price($)
1	20000	24.0¢

Sellers (Offers)

Price($)	Vol.	No.
25.0¢	51000	1

View Market Depth

No.	Vol.	Price($)
1	20000	0.240
2	29987	0.235
1	13000	0.230
3	47500	0.220
1	10000	0.210

Price($)	Vol.	No.
0.250	51000	1
0.260	50000	1
0.265	13409	1
0.270	23124	1
0.290	20546	4

Last trade - 15.42pm 22/07/2024 (20 minute delay)

IR1 (ASX) Chart