IBR iberian resources limited

ibr's season's greetings

  1. 530 Posts.
    For those s/holders who stayed the pae with IBR ,our patience with the anti-market sentiment ,which hung around for a time,has been vindicated.
    The execs of the IBR/BLR stable are both <40 yo..
    An important issue as most of the industry is ageing like the rest of the Western World..MW and MH will either build a new Aust. mining house or be taken over by majors needing production as a trade sale- a possibility as we are still only in the mid-cycle of a commodities boom [though Au is a special case IMHO] .
    Thankfully the current sp of IBR is our greates protection against an opportunistic take-over ..
    In the event that a trade sale was to occur i would
    take the proceeds and back these guys again wothout hesitation..and that is the point... IMHO there are too many juniors on the ASX that are not much more than lotto tickets for last week's draw..try telling that to ASX
 
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