Ann: Asian Investor Roadshow Presentation, page-17

No I don't think so, they currently recommend to buy it up to 32 cents - I think they were just warning newer members not to get carried away and fomo in - as less experienced investors tend to do. I imagine they don't want their members overpaying. They usually take a 2-year or more view on their calls - to give them time to develop - this one is not even a year old. I imagine they presume that when the news of their sand deals progress comes out step by step SS, mine licence, offtake agreements etc - the market should see the value and potential profitability and also move higher step by step. But in more thinly traded stocks like IND at present up moves often overshoot - as do the corrections after any strong up move. I believe that's exactly what we are witnessing in IND now. IND is a waiting game now -like so many others. It's still their number one potential ten-bagger call of 12. Looks like a good price to collect again down here. (someone is?)