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3.13% 3.3¢ horizon minerals limited

Menzies Goldfield / JV Potential

  1. Crom Valen
    44,246 Posts.
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    01/02/18
    14:21
    Post #: 30740272
    I have a couple of bits of info to post that will be of interest to IRC long-termers & new-comers alike.

    This involves the strategic JV with Eastern Goldfields (EGS) involves EGS farming-in to IRC to earn up to a 65% interest in its Goongarrie and Menzies projects (which  includes a BFS to possibly have EGS' second operational plant located at Menzies to treat ore from Goongarrie, Menzies and EGS's own planned mine at Mt Ida).

    Firstly, the below (taken from the Eagle Research report of September 2016) -

    Menzies.JPG
    IRC Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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