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clock Created with Sketch. 12/12/18
12:05
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Originally posted by 42trader
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Big call to suspend but I would much rather we get a clear and accurate picture of where IOR is at currently and where it is headed. No good releasing a half baked Ann that only tells us they are working on something. Having some disappointing drill results may mean the change of direction will be to have others supply the feed. The idea was to have their own leases to secure ore but maybe that’s about to be over turned. Also the reliability of the contractor to dig up IOR ore was a shocker so without having everything in house any part of the chain can break if not keenly monitored. Plenty of low grade ore about, supply should not be an issue, reliable supply is another thing.
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On the new management, although not the news we want, at least they gave us a straight answer with regards to the results not being up to scratch. I hope they are also genuine about these opportunities they speak of.
