igc deal summary , page-3

Hi Daveyb...got your msg the other day , will organise email address asap for contact - cant contact direct as I am in industry and get a lot of info from a group of "deep throats" and I have to protect them as well as my a.se in case something hits the fan ! Heaven knows there is already over-crowding in the detention centres without you,me and my anon friends joining in... besides, I am planning a xmas with friends on the outside instead !

Info on price of 50c was well sourced (or is it sauced),repeat, well sourced and my contact (we'll call her Linda Lovelace- as her throat really receives good stuff) says docs about to be signed by knwe (is imminent).

LL rang to steer me to nkwe ann.- look up thru NKP and see new tie up with NY banker and shares being listed in USA.She says all part of capital raising (def a done deal) completed in US last week.Ann. to come soon with price,then thru to ASIC and on to S/H approval.

As TS said at AGM,plat price is RS,so is markets,so $1 is not gunna happen,might be better on 2009/10 but only NKWE can defer the deal - they are driving this deal and as mgmt and hangers on got in at 20c and less,their happy to take 50c and move on to the next deal or target.


Regards to all ..... The MUFF

PS... could not help myself last week... grabbed some more of the mothers at 20c.I still believe in greed is good and Gordon Gecko !!