merger, page-2

IMO both IRC and MRP would be hoping that a bid will indeed occur
within the next 6 -9 months.
However any bid from the big end of town is likely to be for the combined IRC/MRP
tenements which will cover a very large expanse so close to the convenience
of Kalgoorlie/Boulder.It's doubtful any bid would be for either IRC or MRP
separately IMO otherwise it would already have been made for IRC.
Any bidder would surely first want to be assured that Lakewood(IRC),Boorara(MRP)
Nimbus(MRP) would deliver the goods so I would expect IRC would want to
put down early test drill holes over 2019.
In the meantime IRC's Anthill,Goongarrie etc etc may deliver sufficient
grades to spark the necessary interest.