IGR 0.00% 50.0¢ integra mining limited

IGR had $28m in cash at the end of September and made a cash...

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    IGR had $28m in cash at the end of September and made a cash profit of $20m in that quarter. Extrapolating forwards, they should have $50m plus in the bank, so unlikely to be a CR (although the same would apply to RMS, who did a CR whilst having loads of cash, for reasons unknown).

    IGR has had a Trading Halt prior to good drilling results a few times previously, so it could be that.

    Hopefully the long awaited takeover offer... best way to realise value in this market.
 
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Currently unlisted public company.

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