Originally posted by farzan
ORD is dumping their shares.
Hartleys is selling $EGS shares in any price.
retailers are not buying up.
so tell me which direction is going SP?
management should happy to exercise options to retailers and now seeking to build another hurdle with $MRP.
Well speaking for the "fundamentals "of IRC "alone"- IMO can't be faulted.
Great strategy by JP. self funded drilling,exploration and ~ $10m in the bank
(incl. the recent + $2.5m ex Lehmanns).
As for tie up with MRP-time will tell however have to ackn. the market is
less than enthused.
re EGS-I'm surprised an "off market" deal hasn't yet been done for disposing
of their remaining IRC shares(6m ?).