IRC 8.00% 13.5¢ intermin resources limited

Ann.Trading Halt, page-18

  1. 682 Posts.
    lightbulb Created with Sketch. 51
    Initially I agreed however since reading up on MRP it may be the potential of
    Boorara which could have ~ 2m ozs of Au which has caught JP's eye .The ERA pre-diggers report of 25 Aug. 2017 covers Boorara. MRP claim also to have a super pit of silver-
    not to be sneezed.
    Seems MRP didn't have enough $$$ to fully check it out with extensive drilling programme
    (merger likely more attractive rather than another capital raising).
    NB- In MRP's announcements there is IMO just a "hint" that talks between IRC and MRP
    "may" have been ongoing since Aug. 2018.IRC has of course not been mentioned merely
    that MRP had a number of advanced potential development options for the project
    with most statutory requirements completed already.
    http://www.mrpresources.com.au/downloads/announcements/mrp_2018080701.pdf

    Can hardly wait for Tuesday's announcement on the proposed merger.
 
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