ICG inca minerals limited

Ann: Independent Review Confirms Phosphate Potential at Frewena, page-23

  1. 8,521 Posts.
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    Flyboy.

    "We're all here for the IOCG (or SEDEX) potential."

    I do not think you can speak for all shareholders when you say "We're all here"

    Personally, I have been here for well over a decade and have lost a fortune.
    The old timers were buying shares at the equivalent of 12 to 14 c to keep it all together.
    If I could recoup only what I have put in to ICG in that time, then I would be a very happy little duck.

    Most holders just want to make money for their families and their retirement regardless of what we need to find to do it.

    We do not necessarily need to exploit the phosphate deposit ourselves in order to make money.
    It will prove to be a very valuable asset in a world where the population is on track to 10 billion souls.

    Money from phosphate, however it is gained, would allow money to be spent on the copper search without the constant need for CR's.
    The alternative scenario is another huge CR ( Ross special ) at a very low price.

    Those who have constantly put in money since the company was merged? with Condor have incurred massive losses. During this time, those shareholders have been the ones who have given life support to ICG and it's hopeless management.

    Lockitt
 
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