Q: It's been a while since you commented upon this company. What would be your current view about taking a small position in it despite the limited trading volume?
5i Research Answer:
III is up 8% over the last year. Recent quarterly results were strong with revenue up 50% and swinging to a profit of $20.4M. Our view is relatively unchanged as it will be speculative and cyclical in nature. Copper and gold production rose in the previous quarter and we would want to see if this will continue before saying that this is a trend for future quarters.