ICG
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0.00% 0.4¢ inca minerals limited

Ann: Trading Halt, page-26

  1. SRV
    3,252 Posts.
    lightbulb Created with Sketch. 37
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    03/02/17
    10:11
    Post #: 22342451
    There's something wrong here - you don't CR prior to drilling with that amount of cash on hand.

    If it's a placement then it'll be at a discount - possibly 1.5c - and subsequent dilution will impact shareholders.

    Then again this may give me an opp to get back in again - but I don't like this style of doing business - they just need to bring home the bacon and stop ar5ing about...
    ICG Price at posting: 1.9¢ Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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