IDA 1.04% 9.7¢ indiana resources limited

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  1. 4,197 Posts.
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    Hi @rob1605,

    This is a an excellent question to ask.
    (Do we have sufficient funds, to see us through reward of compensation).

    The only person who can answer this question, is B.B.

    But my take on this current raise, is to raise enough cash to pay for Hydrometallurgical Test Report from ALS Global.

    If we take a look at the quarterly, it states that Met. work to be carried out in this quarter.

    https://hotcopper.com.au/data/attachments/6223/6223974-bda970699f240d636ff5e6b5fd566add.jpg
    Here is the link to their website and I strongly advice, to do some research, on what the services they provide.

    https://www.alsglobal.com/en/metallurgy-and-mineral-processing/hydrometallurgical-testwork#

    In relation to our share price, it seems that the sellers are starting to re-treat.
    Been keeping a close eye, on the Buyers and Sellers column.

    https://hotcopper.com.au/data/attachments/6223/6223990-f1a75041e2da53ae03f0e318e7444bd9.jpg

    At this point in time, we have more buyers than sellers, but during the day the bots seem to have some fun and stack the sell lines with fake bids.
    Of course the sell line will definitely change come tomorrow morning at 7.00 am.

    I suspect we should hear the results of the Met. work shortly, with fanstatic results.

    In relation, when we get our money from Tanzania, B.B. knows a lot more than we all do, or else she would of raise a lot more than we are currently raising.

    IMHO.

    Regards

    Rossi70
 
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