re: igr news only just around the corner
Why are you bothering with this twit.
Focus on the task at hand. As for the poster that thought the company didn't know where it was going, as posted directly after you, they bought a plant and have paid for it in full.
Pretty clear direction. Toll treatment folks, is one way of mitigating some of the risk involved with dismantling a plant, moving it, refurbishing it, and then commissioning it.
In this day and age, all projects are blowing their due dates and their budgets. If you think about it, Chris Cairns is going to create cash flow from toll treating, no construction risk, no financing risk, no need for full BFS to produce immediate cashflow.
Just takes a little time to organise I'm sure. Then you could imagine that he will use this cash flow to fund exploration, no need to go back to shareholders for working capital and also the free cash flow will mean less financing costs when it comes to the full on construction of the plant they just bought.
What the market can't see is that Chris Cairns is reducing the risk of giving the market an excuse to sell the stock in the future.
What you are seeing at the moment is the deal making that has made this stock what it is, it's just that the market is very short sighted and impatient. Good things come to those who wait, and those with deeper pockets than myself will be purchasing more.
Stock with it folks, you will be rewarded handsomely for your patience. For those of you with extra cash, you have a place to put it.
Regards
Kojasper
IGR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
