Member Info for MikeClarke

Ian, IRR are very close to developing this mine at Ewoyaa and surrounding area, whether they do it as a JV, or go it alone with debt financing based on a less than 12 month payback for development costs of $68m. Watch this space in the next few months. IMHO.

Gold MRE might be great timing, as gold price rising again. Possibly held back for this? Also with talk reference lithium and a short supply, what we must not forget with IRR is that we have BG 99.92% lithium, and there will be an even bigger shortage of this. That doubling and tripling of prices for this grade will come much sooner I feel.

Creating many lightening strikes in Ghana.

Yes I know that Tom. Can’t really see what they can sell though when you look at studies, capes etc, on any asset?

Which ones do you suggest then Tom?

Well said Lupidog. We have a fantastic team at Cobre. Well done all.

Not in the same country, LOL, let alone in the same street. The Capex, Opex, Infrastructure, Port, ESG, etc are much superior with IRR by a long way. The profit per ton will be substantially different in IRR's favour.

Wait till Egyasmanku Hill hopefully gets a drilling permit. The lithium will really be coming over the hills then, another monster to add on.

Sharpeye it was $105m actually, buy equally as impressive compared to our valuation.

Some have been issued at more than 12p so suspect just below TR1 level currently.

I don't think so without going back over every RNS issuing shares to them. I don't think Geodrill have been selling at all, and will only need a TR1 after nearer 13 million after the new warrants issue.

There major shareholder Assore Limited are South African miners. They have loads of mine development expertise on the board also. No problem to do themselves if they choose.

Swest we are all left scratching our heads with the SP movements here and the spread, but the one thing we are not left scratching our heads about is the fantastic set of assets we have here, with a lot more to be proved up including Chad.

Bozi.I have already had a conversation thank you, and will consider for the future, but if LTH's were given an equal opportunity then they would not be required.

That is true, but surely worth it to reward LTH;s and give them the chance. Also you don't get warrants in the market on top of cheap shares. The other real benefit is that they would not be sold for quick profits.

Leeds23. We can only hope?

N2S it is a shame these aim companies, especially IRR who have great LTH's don't approach their LTH's first, as these would not be sold and churned. I would have invested in any raises myself, but was not given the opportunity. I know IRR needed the raise in a tight market for capital, but any fool can sell 14p+ for 7p. It is the LTH's who should be rewarded with cheap shares and warrants if they are needed to raise capital not get rich quick merchants which is what they are!

Suspect it is still capital raise people selling shares that they purchased at 7p, knowing full well they can take their warrants at 12p. These capital raises just attract quick buck merchants with short term quick return outlooks!!

Well said Hodgefox. Where do these clowns come from who pop up on very good boards, and pollute them with over ramping. I agree the outlook for IRR is very good, but will take time to reach its true potential., that I have no doubt about.

What do you call a lot? Circa $4 billion? I know its only guessing and the surface gold will be different to the deeper gold, but not the costs of really deep mining 600m plus.