I can feel what other interminions are feeling when you have a company like IRC with great value and management with integrity, which is getting looked over for POS like KIN and BLK (esp BLK!) and even OGX - which I admit I hold but sold down 50% of my stake beginning of week due to the BS.
IRC has the ground to become 50-100kozpa...its just a matter of time to drill and JORC it up.
Let's have some fun (and this is well within reach)
If in 2018/2019 we reach 1M ounces (Measure and Inferred), then
- 100kozpa production
- ASIC $1150 (worst case scenario)
- 100kozpa x $550 ($1700 AUD POG - ASIC) = $55M
- 55M / 250M shares (inc. options) = 0.22c EPS
- 0.22c x P/E 9 = $1.98 SP!!!
PS ---------> that's without the the Vanadium.
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Last
4.6¢ |
Change
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Mkt cap ! $32.24M |
Open | High | Low | Value | Volume |
4.9¢ | 4.9¢ | 4.6¢ | $9.032K | 194.5K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 4879 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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4.8¢ | 220000 | 1 |
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No. | Vol. | Price($) |
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1 | 4879 | 0.046 |
1 | 44444 | 0.045 |
1 | 93338 | 0.044 |
3 | 131511 | 0.043 |
1 | 125000 | 0.042 |
Price($) | Vol. | No. |
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0.048 | 220000 | 1 |
0.049 | 99999 | 1 |
0.050 | 20000 | 1 |
0.055 | 145237 | 4 |
0.056 | 376750 | 2 |
Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last updated 14.35pm 03/06/2024 ? |
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