Anything is possible. But I would put it as below 10% chance. IBR share price has steadily moved up in last couple of months (from 54 cents, when I started posting about IBR) & with the current environment of high Gold & Copper prices, the SP should keep moving up. The merger will only speed up the increase in production towards 150000 OZ Gold equivalent production / year. In that case, the post merger SP can move 30 cents + without any doubt. All IMO only. DYOR can be worth.
IBR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held