IBR iberian resources limited

this could be the one we've been waiting for - initial $1 plus...

  1. nsh
    812 Posts.
    this could be the one we've been waiting for - initial $1 plus bid I'd say. Surely they're not looking for more capital with $13m in the bank as at Dec 06. (unless they spent 6.5 a month!!!!) doubt it. With production started, and revenue coming in, their exposure to debt is much more attractive than diluting the issue further. They know that shareholders have been through some pain in recent months. This thing is well and truly about to pay off (IMO)
 
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Currently unlisted public company.

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