IBR iberian resources limited

Well done fellow Iberians , you stood up for your rights and a...

  1. 257 Posts.
    Well done fellow Iberians , you stood up for your rights and a fair value for your shares, you surely had to put up with some mindless uninformed rabble and endless call-centre calls trying to steal your shares. Pitty it had to come to this as the colluding IBR/TMR directors have got themselves to blame for trying to rip-off your fair value.

    Welcome to the Colosseum where theres bound to be a few stoushs over coming months and years with those who thought they had the might of Rome.

    I suspect the Romans, already mortally wounded, are going to be put to the sword whilst Rome burns with 950 m shares on issue, no money [ noticed Rome didn't talk about the empty coffers], bugger all cash flow with 7m$ net cash burn last quarter, with copper on its way back to $1.65 lb over next year or two, unable to take IBR's 9m$ cash and unable to dictate to or dilute the miniority shareholders.

    Your 14% holding is now worth a premium to anyone wanting a substantial position in a pure gold company with enormous upside . Did anyone see Owen Heggarty's Oxiania interview in Singapore last week about the future for gold, well worth a listen. Owen is certainly a 'can do' man.

    Damned glad I don't own TMR shares ----going to be an ugly cold and bleak winter.
 
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