I see IRC becoming a mid-cap Gold producing next decade (If we aren't taking over before then)
Upside > does anyone here remember back when CCU and AYN muti bagged on their Silver projects ?? both failed as the AUD Silver Price crashed but the upside with the devils metal is strong>> many silver bugs go hunting for ASX companies with Silver projects >> the NEW IRC will have one that High grade one with Zinc credits ..and timing wise I think we aren't far away from our next SILVER Bull market.
Other advantages for IRC merging
Economies of scale.
Tax benefits.
Financial resources.
Entry in ASX all ords.
Growth and expansion of resources.
Helps to face competition (will dilute MR / BB control over IRC as well)
Increase in market size.(I see us trading above 100mill Mktcap 2019 so bye bye to Mirco cap.)
Increases goodwill.
Research development
Of course, for me holding a sizable IRC position the million dollar Question is at what rate
personal I'd be happy for 1 new IRC share for every 1.5 MRP shares..
End of the day the market is one big voting system the bigger we are with more shareholders the more interest we gain the more the SP will
move on positive ann's >>the more posters on HC as we have MRP posters now posting on our thread etc