That also crossed my mind.
Some MRP s/holders commented at time of the proposed merger announcement
that MRP should have waited until more Boorara drilling had taken place.
Some think Boorara alone could turn out to be a very big gamehanger for MRP alone
(ie without need for IRC).No doubt JP thought so too.
At merger price of 8.25 cents some would consider too cheap if Boorara turns
out to be a huge open cut av. 2 gpt or better.
IRC Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held