IBG - $20 Million Market Cap, close to $55 million spent on...

IBG - $20 Million Market Cap, close to $55 million spent on Exploration to this point plus $27 million was paid for the site...approx $82 million spent to be worth $20 million. At some stage the pendulum must swing and return on investment moves favorably.

Market Cap at $80 million we are worth 16.5c on today's shares on issue.
If we get 2 to 1 on investment - Market Cap worth $160 million we get 33c per share based on today's register.

The DFS has an NPV of approx $650 Million US from memory...so the scope is there.

IT"S COMING!! ...

GLA and DYOR.