IGC international goldfields limited..
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Ann: Quarterly Reports , page-8

  1. DavidBriggs
    149 Posts.
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    04/02/09
    09:50
    Post #: 4758502
    My guess is NKP can't raise the money.

    everyone is raising cash to save themselves (Xstrata). who is going to give a 49 mill company 60 million to play with?

    And NKP can just wait for IGC to go bankrupt (won't be long, and buy the asset at fire sale prices.
    IGC Price at posting: 25.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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