Ann: Quarterly Activities Report 31 December 2018, page-12

Totally agree.For me the MRP merger came out of left side.
Like you I thought the strategy was to grow alone, attract a predator and be
taken out for a reasonable premium.
(seems the two external IRC valuations were now way too unrealistic and the well
spruiked target of 1m ozs(excl MRP) has disappeared into oblivion.
If IRC are not careful they could miss out on the current gold bonanza if
the price suddenly turns around.Look at EVN-continual mining reaping the rewards.
If nothing changes in the few months ahead I'm with ST78 and getting out and moving to
greener pastures.
IRC not one of my better picks.Need to pull up their socks IMO.

Big hopes originally-reality now setting in.