I don't think there should be a stumbling block at all - maybe at 14.5p. There are a lot of investors watching MIRL to see what happens. When they get their financing, many of them will rush back in, because there is so much room to run with this one. It'll run and run some more and then run some more.
A number of other analysts have also recently weighed in on MIRL. Analysts at FinnCap reiterated a corporate rating on shares of Minera IRL Limited in a research note on Monday, March 9th. Separately, analysts at Numis Securities Ltd lowered their price target on shares of Minera IRL Limited from GBX 15 ($0.22) to GBX 10 ($0.15) and set a buy rating on the stock in a research note on Thursday, January 15th. Minera IRL Limited (LON:MIRL) opened at 3.0525 on Monday. Minera IRL Limited has a 52 week low of GBX 2.5500 and a 52 week high of GBX 4.8600. The stock has a 50-day moving average of GBX 3.56 and a 200-day moving average of GBX 4.99. The company’s market cap is £7.06 million.
Minera IRL Limited’s “Speculative Buy†Rating Reaffirmed at Canaccord Genuity (MIRL) Mar 16th, 2015 Canaccord Genuity reiterated their speculative buy rating on shares of Minera IRL Limited (LON:MIRL) in a research note released on Monday morning. They currently have a GBX 4 ($0.06) target price on the stock.
You can call them to discuss the cash situation. Macquarrie is there for them to get them to financing.
Its on the stockhouse i checked out.Never been there before but thats what I found.
Sorry - I know it wasn't you who said that ibwaiting. But they haven't run out of cash. They have options as it gets lower if financing isn't secured at that point.
The cash didn't run out. Where did you hear that?
here it is in case you have not Barrie. didnt the cash run out just when Chamberlain got ill??? that would make anybody ill. Look for a restructuring....good asset, bad timing, very very bad balance sheet. Shareholders will own less than a few percentage, if that
Thanks again Barrie. I just checked it out this stockhouse. The recent post is that Chamberlain got ill as monies ran out. Go check it out or have you already. Comment?
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