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