merge, page-11

I sold out of MON recently after they found that their ground at davyhurst was pretty lousy grades compared to what they expected. This also means instead of generating the cash they said they would they've got their cap in their hand again to go to market.


IGR has good resources - open pittable, fairly shallow, moderate grades good enough for open pitting - and new discoveries. Perfect leveraged entry to a gold price run imo and I'd be very happy if they stayed well away from MON.