IGR 0.00% 50.0¢ integra mining limited

production funding in june, page-14

  1. 24,765 Posts.
    In current conditions quality gold resources in the ground is like money in the bank. Well, actually much better than that when you look at what has been happening to the US banks!

    Another option IGR have is to wait until the market starts rerating gold juniors with quality resources to reasonable levels when equity can then be placed with minimal dilution.

    In a bullish gold price environment there may not be that long a wait at all.

    Unless financing can be done on favourable terms for IGR and IGR's shareholders, which a merger with TRY is imo, there is really in my view no need for IGR to rush forward into production.

 
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Currently unlisted public company.

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