I feel you are right "sharetrader78"... On top of IRC clever...

I feel you are right "sharetrader78"...

On top of IRC clever management and the gold potential I like the vanadium "carrot" - battery metals are fashionable on the current market - although looks like you may only hold 25 % when JV partner spends $5 Mln on exploration/development work?... but the merger with MRP may put The Merged Company on the map and attract serious shareholders/funds... and I also believe, as Newmont do, that there is a huge potential underground around Super Pit especially on MRP Boorara gold ground and around Nimbus silver/zinc pit... accordingly my MRP holding is serious one, as we only "scratched the surface" down to 250 m in some places... 

Regarding the depressed prices ... both the MRP and IRC are not exception - all 15 developers/explorers I hold are in red... so I was afraid that the only way fwd is merger or T/O...  I will repeat my response to an unhappy punter on 29/9/18 regarding MRP: 

"While the company/MRP is concentrating recently on increasing the current gold resource of 507 K oz @Boorara (above 250 m only) and increasing the overall grade as well ... through independent experts - it is good to know that Nimbus produced in the past 3.6 M oz Ag (319 K t @352 g/t Ag) and the current Nimbus resource is 20 mln oz Ag, 78 K oz Au and 104 kt of Zn.
Despite all the challenges technological, financial and prevailing investor negativity in the exploration sector I feel that in the worst case (if resource will be further increased) the company may be subject to T/O as happened recently in many other cases here (PGO, CMM, etc) and O/S - which may indicate the bottom of the cycle and "top gold"? - according to some experts...
Silver may indeed be in demand in the future as it is mainly a byproduct of zinc and copper producing mines, which are also struggling in the current climate, but is required in new technologies sectors and alternative energies sectors."