The number of shares on issue will fade into the background once they are in production. Their massive drilling program will in my humble opinion, unearth perhaps another 1 million or even higher of resource gold.
I have been a holder of IGR since pre 10c a share days some years back. Enjoyed the ride up to 68c, sold half my holding as the GFC unfolded, but have built up my stake to one of significance since.
I know many 1 million plus holders who are rusted on for the LT. The share is falling into LT hands more and more as it executes its development plan.
I'm of the view that we will see 40c this side of Jan 10.
IGR Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held