When are they going to JORC this resource? That is what shareholders need to be asking. I have held this for 3 years and getting very frustrated with it.
From the high in April being 47p we have dropped over 40% to our current price. That is not short term it has been over 8 months. I am invested here so I want it to do well but clearly the market is not impressed with the current news flow. Something needs to change. We can carry on saying what an amazing asset bank IRR has but if they cannot sell anything to a major or generate some serious income they are just burning cash. I really hope this turns around but just feeling disappointed with this share at the moment.
Really disappointed with the performance of this share over the last 3 months. Thought we would be much higher than this. Recent news flow seems to have not helped. Really think IRR need to look at selling one of their assets to a major which would really set the share price off and prove their assets are worth buying.
Does anyone know the rules regarding delisted holdings in ISA's and SIPP's as I am not sure they can be held in these vehicles which will create problems.
This share is so undervalued at the moment. Can't wait till CHAD JORC blows the doors off this one. Serious rerate on the cards. Let's hope it lands on Tuesday after the bank holiday.