ICG 20.0% 0.4¢ inca minerals limited

Ann: Quarterly Activities Report - March 2023, page-17

  1. 3,496 Posts.
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    I’ve not seen an announcement stating that director/s have provided loans, so desperation really isn’t a factor here..

    If you haven’t heard of that particular vehicle being used in listed companies, this must be your first rodeo and I don’t need to add to @allens spot on post..

    On a side note from another outlandish post purporting 5B or so shares being added, considering the many ways a director loan can be facilitated, it doesn’t necessarily mean additional shares added to the register in the first instance..

    What I have read in an announcement is that it is an option being considered, amongst others..

    The company still haven’t used its shareholder approved 10/15% capacities for raising capital..
 
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