Based on JP's earlier YouTube interviews emphasis seemed to be
on IRC reaching a target of 1m ozs of gold and conversations on Hotcopper
were mainly around this target.
Recent events, indications and interpretations now seem to show JP has bigger ambitions and fish to catch and intends a
much higher target of ~ 4m-5m ozs of gold.
This will take more time than many us originally envisaged and too long for some
s/holders.
Having said that, he has shown (via Phoenix Gold and a mid 2018 IRC YouTube
interview that he is open to a takeover (always assuming the price is right).
Currently IMO an offer of ~ 50 cents per share for IRC alone would need to be
made to make the chairman's and JP's ears prick up.
It's debatable/doubtful that at this juncture such an offer would be forthcoming.
The likes of Evolution(EVN) are canny operators and currently our grades
would be too low(IMO)for them -could change once IRC gets to the deeper depths.
All IMO only.Interested to hear others' views as we go forward into 2019.
IRC Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held