Probably not, its a big stockmarket out there and its nigh...

Probably not, its a big stockmarket out there and its nigh impossible to pick what will be the best performing stock for the year, particularly in in a commodities boom when you have hundreds of jnr exploration companies throwing holes in the ground.

However IBR imo has recipe for being an extremely good investment as long as it jumps its hurdles. Each hurdle will provide impetus for the shareprice. Of course we should not forget that the price of gold and the AUD XR are significant factors, but assuming they were static, the following are the objectives that should see the SP firmly higher by the end of 2006, in order of influence (but not in order of which they may happen):

- Commencement of gold production at 60G oz per annum (this is important since it will give credibility to the previous announcements)

- Delineation of reserves or at least providing some comfort (ie upgrading majority to