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.
IBR
iberian resources limited
Well done fellow Iberians , you stood up for your rights and a...
Add to My Watchlist
What is My Watchlist?