Tophat the real reason to hang on is, your shares are worth more than 4:1
IBR did a capital raising last OCT to fast track the Lichkvaz project and shareholders where told no further funds where needed to bring production to 100K oz pa
then cashflow would take it to 250K oz pa without diluting shares give you a sp of approx $3 in 3 years
The capital raising was at 77c $17.5m was raised of which $3m was used to aquire the remaining 20% of the project . Some of the money was used to purchase plant on its way now to Armenia. Some $5.5m was be used to commission to project. This is our money not TMRs funds.
I agree with you Hugh C and his team will probably to a better job and we will all make money. However they need to pay a fair price 6:1.
Don't give your shares up cheap you have worked hard for your shares make TMR work hard for theirs.
IBR
iberian resources limited
