IBR iberian resources limited

posting from ss

  1. 530 Posts.


    was buying this between 35-45

    sold most on the way up with the most recent parcel at 86.5

    i think its due for a pullback. 65 is where i'll top up again...... if it gets there otherwise happy to sit on what i already have

    long term i'm looking for around 1.30 which is a 100 million market cap as it goes into production. another resource upgrade might be needed though to kick it along

    they said at the agm they're aiming for 4-6 million ounces. could be BS but those kinda numbers would lead to a 250 million market cap or $3.30 a share
 
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