Yeah it certainly can't last--- when markets come under pressure...

Yeah it certainly can't last--- when markets come under pressure cash and cashflows gain much more interest to Buyers/holders etc

For IRC that's 'Goongarrie" A defined date of operations starting will see more commitment of Funds into IRC shares.. and a Bidding depth that will match the assets

12th july18 -(update soon ?)
Intermin plan to fast-track drilling at the Goongarrie Lady South area with an initial 1,000m of RC drilling planned. The drilling will attempt to link up GLRC1804 and GLRC1805 to the projected mineralised trend south of the pit. Several holes will also test the ground around GLRC1806

Current FS @ $1700oz AUD gives from current reserves IRC will get free cash flows of 5.7mill from Goongarrie... now if the above drilling shows good grade extensions that's got to be hugely bullish cashflow wise from 2019-20 if say we see more drilling prove up another 3000oz of gold reserves could well add 1.2mill extra ... (every $50 higher realized AUD Gold = 600k to 800k more in project free cash-flow)

If the market sideline watchers can see a likely 6-7mill free cash for 2019 then IRC SP has to respond