I don't believe we have met on hotcopper but I do appreciate your enthusiasm and connections on this site.
Lets all work together to promote this company throughout hotcopper.
In my humble opinion the Aravalli project could reach 3x the currently stated exploration target, purely based on:
1. previous GSI drilling,
2.Vedanta drilling in Sindesar Khurd and Dariba; and
3. IRL driling showing continuation of resource along strike from above Sindesar Khurd right down to Dariba.
IRL has been given administrative approval for the Aravalli ML by the Rajasthan Goverment (see ASX announcement dated 24 December 2014).
IRL now await the Letter of Intent, which is a precondition to drilling and feasibility study.
PM Modi is in goverment, the wheels are in motion, like a huge truck, slow to get started but very hard to stop!
India is a very low cost country, low costs and huge resources = $multi billion potential.
In ground resource is expected to be $10billion to $30billion +
Stockartist, I encourage you to educate fellow connections on hotcopper, I feel a grassroots campaign is needed here and who better to do this than a well connected hotcopper poster!
Rocket, Reggie, Aravalli and myself are long standing shareholders, but we need to attract more followers here.
We firmly believe IRL is the next big thing to shake up the mining industry (in a good way!!!).
Once Aravalli ML is granted and funds are in place for the next phase, it will be the start of a new mining era in India.
You can quote me on that.
Best,
Hiphop
P.S. If it all works out, IRL could have one of the largest lead zinc silver mines in the world...imagine that!
