IGR 0.00% 50.0¢ integra mining limited

On the face of it IGR$73M cash-Good$55M finance available...

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    On the face of it IGR
    $73M cash-Good
    $55M finance available including $10M "contingencies" -Sustainable Are a producer now=good Gold mineralisation is extraordinarily high-the extent of it the question )including visible gold in core samples). Commercial gold mining is possible at low levels eg 1g/t (depending on costs eg in central asia at 3g/t the cost per tone is expected to be around $US29) Has very promising other sites yet to come on line in the same geography-i.e limited extra transport, processing costs.
    Appears the processing plant may be a little limited in capacity (is a future thing) At current prices profit of ~$A800 per oz Not familiar with their management.
    Has been a sustained rise over the last 6 months or so AS with all gold, the dollar etc will have an impact Not much info but implications that copper and zinc are present in minable concentrations-useful "byproduct"
 
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Currently unlisted public company.

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