Ann: Trading Halt, page-20

I'm not sure that IRC could afford to refurb 3MH upfront. The FML PFS stated that this would be approximately $10m, whilst IRC have less than that in cash - would require a cap raise by them. So many different variables - just hope that we get something nice and positive on Monday/Tuesday. If management flog off Coolgardie on the cheap I'll be pretty miffed, given the PFS had a NPV of $37m at a $1580 gold price, without factoring in Brilliant. If the announcement is a restart, I hope the Brilliant access issue has been resolved.