IGR integra mining limited

bizarre selling igr, page-2

  1. 24,765 Posts.
    This is absurd imo. I have been topping up.

    As MD Chris Cairns said in an Open Briefing released nine days ago:

    "Having successfully discovered Salt Creek and made the overall project far more robust, we are now saying that we are confident of delivering a profitable gold mine.

    The distinction about our development is that we are looking at a fundamentally robust new mine development based on a discovery with low-risk open pit mining, excellent grades, good geometries, low strip ratios and excellent metallurgical gold recoveries. This is a development proposition that is robust regardless of where we currently sit in the long-term price/cost cycle.

    Unfortunately, at the moment the market is not of a mind to make this distinction, and I strongly believe that Integra is very much the baby that is being thrown out with the bathwater."
 
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