RE: What's next?23 Apr 2018 19:53
I would think Dorothe is the bookies favourite for next update. Nearly three months since the first samples were sent to the lab for analysis.
I believe the airborne radiometrics was being conducted at Echbara too, following successful roll-out on Dorothe @ Am Ouchar.
Bodite & Bianouan both have results due from 5-9 months ago, iirc. A lot could have happened in that period. Then there's Vavoua where the exploration license was recently granted and the company may have been poking about.
Kineta, of course, with the 12KM strike which already marks it out as potential world class deposit before IRR have even really got in there and examined depth or continuity of mineralisation. That, in itself, could be bigger than Dorothe & Echbara put together, IMO.
There's the Winneba & other Mankessim licenses. Including those adjacent to Ewoyaa. One looked like it might just be Granite I think, but the other (substation?) may be more promising.
Egyasimanku Hill license good to go and presumably this will be a big focus for the team in Ghana, along with drilling at Ewoyaa (which we can more or less let the World-renowned Geodrill get on with)
The Ivory Coast lithium areas may be an X-factor in another country with no known lithium pedigree.
Then there's Monogorilby, where the Aussie-based guys are hammering away looking to extend the current JORC resource of 54.9MT by a rather painstaking process under dense foliage at Koko.
License applications also rest with the Gabonese government for our renewal over the biggest, most lucrative asset we hold: Iron Ore. Prices resting over $60 for the high-quality grade Ironridge found in great abundance.
Toro has the figures for those resources. They are mind-blowing.
And finally, there's my gut feeling that IRR may pick up a new project in Sudan or Burkina Faso, both of which border the other projects and both of which are drastically underexplored and underinvested.
Take all that into account and factor in that the company is part-owned by a Multi-national conglomerate who trade in every commodity and invest in IRR as one of their few exploration ventures in Africa and are set-up for first refusal of each one of the prospects proven up.
It's little wonder that when a punter says "Show me a route to market then" that they're given rather short shrift.
Ironridge: the �64M (chuckle) company that already knows it's a Billion Dollar company in waiting.
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