STTCOMP IRC FA LONG
Intermin resources
GOLD + Vanadium
Marketcap-39mill
shares -227mill+(IRCO 17c ex AUG18 =$4mill)
cash-11mill+ (est 2H18 extra $4.5mill from opts+royalites)
SP-17.5c
WA Goldfields + Richmond QLD Vanadium
Last 52 - low 8.9c to 30c high
Have picked before to see the SP drive higher on good drilling results everything looks like its going to
come together again and finally, see a breakout to new all-time highs with AUD Gold trending higher $1742oz AUD and major news flow over the next three months
IRC main focus currently is the(stone's throw from KAL) Teal Project which continues to grow with a multi-gold parallel Gold bearing structures open in all directions IRC MD-Jon price (ex. PXG MD 800k to 4moz fame) has a goal to see IRC command 1moz Gold resource before the years out..I'm sure a good part will come from Teal project
IRC MD will be presenting at the Gold Coast rising stars next week-- the last conference was in RIU in FEB18 as you can see from the chart the market really liked the IRC story but has since come of the boil
as GOLD and successive toll productions halted.
IRC is one of the only ASX self-funding Explorers, the next project "Goongarrie" will add another 6-8mill AUD in free cash flow, Anthill the next one.
Up coming ann's
Coming Up:
• Goongarrie Lady Feasibility Study results
• Further drilling results from the 2018 program at Teal
• Drilling results from Binduli and Anthill
• Resource updates from Teal
- Forums
- ASX - Short Term Trading
- Short Term Trading Week Starting: Tues 12 Jun
STTCOMP IRC FA LONG Intermin resources GOLD + Vanadium...
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