Update on IRR from the LSE blog

Thanks to our intrepid Toro the No1 blogger on IRR on the LSE

IRR has procured another Project " Zaranou Gold " in Cote d' Ivoire to add to its already prodigious existing Gold Lithium Portfolio it is close to the other projects held and has operational synergies.The strike length is over 40km with 8 high priority targets already identified. Veins identified show Au@ 1.5g/t-12g/t..

The gold assets IRR hold are top class especially in Chad at Dorothe .

The flagship projects in Ghana for lithium and gold are world class by any standard and Toro has been pointing out that Assore our 31.34 %  major shareholder( DGR holds  22.18%) has had visits to the projects in 2017 and 2018 and recently the TOP BRASS have visited the projects and there is some assumptions  that Assore might be organising a deal with IRR for the Ghana Projects in the near future. (JV or
???? ). If this did come to fruition then IRR might be able to concentrate on its gold assets at a time when gold looks to have broken out at last and the next few years could be a GOLDEN TIME  for IRR and DGR.

I had not noticed until I read Toro' s blog but in the 5.4 million Pound C/Raise by IRR in November of 2018 DGR did not participate where as Assore (15,000,000 ) and Sumitore did and so did management Vince bought 1.600,000 the raise was at 20 pence.

I wonder if DGR is spread way too thin on its Generator Projects and money that should go to near producers that have resources that will come to production soonest  are being disregarded for newer versions that on paper may take years to produce anything at all.

I would have thought IRR ( DGRs value in IRR is 28 mill) ranked up there with SOLG and that DGR should have at least participated in the CR in some way obviously 22% is as far as the support goes. Investors on the LSE noticed that DGR did not participate and that management did. Suggests DGR has no funds or has other projects to take to market ( not a show of confidence in IRR ) I hope it is not to the shareholders detriment!!!!!!!!.

I am wondering at the likes of ANW where they are busting to get to production and they could do with a little  help from DGR to get this project into production to make what looks like a very tidy profit at last.

DGR is generating these new hopefuls out but do they not need to be investing still in those that are close to production not just taking cheap or free shares for management and not helping the subs reach full potential????

 . It would surely help the subs and in the end return a decent S/P to us very very frustrated LT shareholders.

Just a few thoughts early 2019

GLTA

moureeses