RE: IMC - No Funding concerns28 Jul 2021 15:23
hi
is this a fair assessment for IMC exploration?
summary what's going on with IMC exploration
1. IMC exploration has no funding concerns
2. 30M warrants exerciseable at 2p would bring £600,000
3.$20,000 per month from Karaberd Mine development for 24 months =$480, 000
4.The Group will have the further benefit of a Deposit of $650,000 paid to China National Geological and Mining Corporation (“CGM”) by the Seller should the Group wish either to complete or vary a proposed provision of an Eco-Production Facility at Karaberd by CGM
5. Copper, Gold, zinc, lead,and silver project in Ireland is worth minimum of £120M, and there's ongoing Mineral Resource Estimate (MRE) being conducting for the other resource in Ireland.
I urge all to read the Rns and paint a picture of this company.
Mcap under £3 for all the above is a bargain.