Thought it might be worth copying this over from pattyp's post on the CFE forum. In an interview with Tony Sage on the 9th May:
"What recession? My shareholders in CFE were given a 100,000,000 dividend. IGC will soon be a cash box. CFE just acquired a fabulous group of Copper and many other assets including shares which are much the same as cash AND the JAK and SIM merger will come back on full of Copper and Uranium assets."
Full article at: http://www.herdontheterrace.com/forum/index.php
Not sure what cash box indicates. I assume it means no script simply cash.
IGC Price at posting:
20.5¢ Sentiment: Hold Disclosure: Held