IBG price, page-32

Market Cap is the key - still so undervalued.

IBG has so much scope for improvement - $36.5 Mill is so low based on resource size and considering IBG spent $27 Mill buying the asset and close to $55 mill since then to get to this stage ready for ML approval.

Add those 2 up and you get $82 Mill and we are valued at $36.5 Mill. Reversion to the mean has to happen at some stage; then its here IBG GO! ..break even on expenditure gives IBG a 16 cent share price alone..

Wait till ML approval

GLA and DYOR