IRC 8.00% 13.5¢ intermin resources limited

Ann: Resources Rising Stars Investor Presentation, page-17

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  1. 1,587 Posts.
    lightbulb Created with Sketch. 87
    Nice link.

    FML assets (mill and Coolgardie) ground seem very de-risked. 

    • $100M spent on the Mill and we're getting it for $40M....you beauty
    • millions spent drilling Coolgardie to confirm a PFS <---- great, we just saved ourselves 2-3-4 years of exploring
    • mining Coolgardie showed a disastrous ASIC <---- great, at least we know what NOT to do

    Given the above, $40M seems like money well spent.
 
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