IRC
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8.00% 13.5¢ intermin resources limited

Jumping the gun here but 1.2mtpa plant feeding 1.8g/t ore 90%...

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  1. Sharetrader78
    6,287 Posts.
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    08/02/19
    21:00
    Post #: 37382003
    Jumping the gun here but 1.2mtpa plant feeding 1.8g/t ore 90% recoveries =60,000oz+ gold pa

    using a high AISC $1200 = 650oz margin x 60,000oz =39million EBIT (wouldn't take long to pay-off 30-50mill loan)

    If all three assets merge(coolgardie+MRP+IRC) would command 3.8moz Gold resource + 20moz Silver + Vanadium + one very large land holding in the KAL region ..
    IRC Price at posting: 12.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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