For a company that got Gold Miner of the Year, IGR is not
performing as well as some of its peers.
Lets compare IGR with KRM for example. Both started up over a year ago,IGR is located in WA, open pit & morphing into UG while KRM is UG in Indonesia.
Item........................IGR..........................KRM
Mkt Cap....................$413m.....................$354m
# of shares................842 mil....................267m
NPAT(6 mos)............$10m......................$13.75m
EPS (6 mos).............1.18c........................5.15c
SP...........................$0.49...................... $1.325
Debt.........................$16.2m......................nil
P/E..........................20.8........................12.9
Mine life...................6-7 yrs.......................6-7 yrs
Cash.......................$20.5m......................$34.86m
Dividend...................nil............................5c due later in 2012.
With best regards
Moorookamick
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