Totally agree with last couple of postings. Lets get this great show on the road.I cant recall exactly how much funds are required in total to get IGR to production, but after this capital raising of 80 mil they must be very close, together with their existing cash. I understand that 40 mil is from the issue of 160 mil shares at 25 and the other 40 mil from loan facilities. This appears about the right mix without too much hedging and too many shares issued. Its easy to be critical but the monies have to come from somewhere. Management have done a good job to date , its easy to sit back and judge and its impossible to please all.I also hear that most of the share issue has gone overseas to a few large investors with one of the reasons being it limits lots of local shareholders selling as soon as there is a reasonable short term profit.I realise a corporate could also dump but I think that it has gone into friendly hands with the idea of holding.Who knows it could be part of a bigger plan.
I have faith in cc to know what he is doing as he is a thinker and long term player with the bigger picture in mind.
If gold can keep its upward momemtum we will all see our patience rewarded next year.
All the best to all holders.
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