IMHO it's all about building a war chest of minable gold reserves right next door too or within economic transporting distance to EVN - NGF - NST - KCGM - EGS (or new a new owner at daveyhurst)....
then instead of 2.5mill +NSR deals we would be looking ay $25-$75mill ..
If the exploration cash gets to low then kick in a toll treatment with Lakewood on one of the satellite pits
Will also be interesting what happens with FML Coolgardie assets 1.2mtpa Gold plant etc a short distance to IRC south n west projects like the new large Yamany-Lakewood teal camp permits .... JP dream of becoming 100koz pa producer ???
The simple fact is we are in one of the best gold districts in the world with mgmt that has a good track record finding gold .. only matter of time till we are rewarded IMHO
IRC Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held