SLR rose significantly....... to AUD1.71 from AUD1.40
SLR's mkt cap is AUD305 million (last was AUD240million) producting approx 100,000ounces per annum (est. Year 2011) Share Price AUD1.71 (last was AUD1.40)
IGR's mkt cap is AUD180 million producing approx 75,000 - 140,000 per annum (est.Year 2011) Share Price AUD0.24
Reiterate, IGR is worth between AUD0.31 - AUD0.48
IGR will play catchup in terms of market capitalization once gold starts pouring........
Hang on tight....
IGR Price at posting:
24.5¢ Sentiment: Buy Disclosure: Held