RE: No strength here29 May 2020 13:09
There's a lot wrong with your post, munchbox54, but below I'll highlight some of the most glaring errors.
1. Chad hasn't been dropped. It's a huge area that requires substantial funding to take to the next stage. The company is still in regular contact with the Chadian government.
2. The lithium mine is Ghana is a solid asset and has attracted interest from majors and car makers. The downturn in the lithium market isn't something that IRR could have foreseen or controlled. The asset has been proven and it would be silly for us to sell it off on the cheap (or go into production) with Li prices this low.
3. Zaranou. No idea where you've plucked this hundreds of millions figure from. But having just raised £4.75m during a global pandemic we have the funds to take this to the next stage and continue to prove up some of the asset. The acreage is enourmous and the neighbouring mines have millions of ounces of gold in them. Most of the LTHs on here recognise that proving up Zaranou is extremely important for the long term success of the company. The results to date are very positive.
4. Nick Mather is still a shareholder I believe and I cannot comment on Stuart Crow's personal finances / suggest why he sold.
Very happy to 'get real' if you are willing to do so too.
Have a good weekend.