the company at the time of changing direction and putting IW on ice (no pun intended), was after some quick wins and as they say in their mind low hanging fruits. Unfortunately after many failed attempts and much wasted money now again back to IW.
Based on the the company track record of multiple failures in both conventional/unconventional and the number of shares on issue, hardly any IPs or skilled personnel imo the sp is way overvalued. 0.4 - 0.5 cents is a fair value (no offence to the holders), and one could take a long term chance on it.
Only my opinion, DYOR.
Ann: Project Icewine - Independent Third-Party Mapping Complete, page-28
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