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ICG inca minerals limited

12.5%

1.4¢

Ann: $0.5m Loan Provided by Chairman to be Converted into Shares, page-6

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Mattminton79

3,497 Posts.

1040

12/10/23

19:04

Post #: 70316313
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Originally posted by tinstuff11: ↑

More housekeeping.
I was half expecting something like this, as a cheap way to pick up a heap of shares.
JE not being drilled has kept the sp low IMO.

Hopefully Alpaca Hill will have a positive effect on the SP and thus increase the average cost of the shares issued, subject to shareholder approval.
Like if we can get the SP above 4c, then only about 13m shares will be issued instead of up to 27m shares.

This also means there will not be a CR before the AGM.

Can BOD please advise what is the average price from June 30 until now?

cheers

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Tin, you’re vwap for the period 30 June to date is:

0.023

ICG Price at posting: 1.8¢ Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

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Ann: $0.5m Loan Provided by Chairman to be Converted into Shares, page-6

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