Voytek-no offence to MRP s/holders but we at IRC are NOT excited by a merger
with MRP.All you say in your comments is correct except IRC have, since 30 Sept.'18
added a further $2.5m cash to our $7m so roughly we have almost $10m cash
(other cash also held in a JV with a contractor pending resolution of a dispute
with overruns).
No debt and high grades of gold whereas MRP's look like very low grades on a
quick perusal of your web site.MRP also has consid.more shares on issue.
NB-don't be fooled by our current very low SP.EGS a major IRC s/holder with
an orig.12.5 m IRC shares are now under Administration and have been selling
down IRC shares suppressing the SP.
MRP however have a "mill" which would attract IRC.
All in all(without the benefit of details) seems much more benefits in this proposal
for MRP s/holders rather than for us IRC holders.
Tuesday should reveal more.
(Many IRC s/holders would have been hoping for a takeover by such coys as Evolution
Mining for ~ 40c-45 c per share )!
However let's wait and see what transpires.
IRC Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
