This is the ultimate penny stock since it is in one overlooked country, Uganda. And has millions of dollars of investments being made into the land it has rights to explore.
At approximately 4mln mkt cap and in excess of 12mln in exploration leads me to think of the potential if something is actually found.
Please note these figures are off the top of my head.
For some odd reason I think IBI will be a 100mln market cap company.
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