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Ann: Corporate Update-IGS.AX, page-12

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MeToo

7,639 Posts.

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23/08/16

13:31

Post #: 18610107
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Originally posted by Macleod22 ↑

They had a couple of projects under review.PNG is not on their list.

I had said many weeks back that they would not get the WG refund. Who did not deliver the funding?

As for the Santa Fe funds i had also indicated that only $200,000 would go their way.

As for the Santa Fe shares there is no need to sell until project funding arrives. Anticipate a prospectus will be required in order to raise funds. Cannot see a Sage rescue package now that i have read IOP report.

Directors speak a language to satify ASX and ensure directors fees and benefits keep on flowing. Forget about shareholders as they never really count in the scheme of things.

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Hi macca, re:

"As for the Santa Fe shares there is no need to sell until project funding arrives. Anticipate a prospectus will be required in order to raise funds."

Maybe if they sold only a few of the SFEG shares they could pay their web site fees as well as their annual listing fees?

Last edited by MeToo: 23/08/16

IGS Price at posting: 0.3¢ Sentiment: None Disclosure: Not Held
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