igr IGR should be considered a better short term target. Board...

igr IGR should be considered a better short term target. Board met today. Will release decision to mine a 1 mil ounce resource on friday. plus news on the acquisition of the plant is expected. for my money in the next few weeks IGR has all the ingredients of a rerating to double market cap and then some.

producing 123k oz pa with at a cost of around 540/oz will yield cash flow of 48 MIL pa.

This has a P/E of about 1.2

Huge upside for exploration potential. Moving into nickel and uranium. Drilling a 0.8mgal grav anomaly in gawler craton like olympic dam.

wow why would anyone sell this to trade.

cdchi thanks again for the tip and the foresight. this one should make you very rich.