i find it strange that last week the sp was 2.1c and no news the expectation being the 800m drill in Mt Lamb to start in Sept then the sp started dropping
the latest announcement details the drilling contractors for the Fable drill have been on standby since last week - knowing it was Fable.
perhaps there was a second drill contractor gearing up for the Mt Lamb drill and they were not aware of the change of plans
anyway, the sp tells the story - sp dropping before shareholders informed of the change of plans mixed messaging from BOD is reflected in the sp
good luck to those buyers picking up shares as low as 1.5c
to me Fable is the last roll of the dice for 2023 2023 drilling as doubt if JE will get clearance to drill in next few months
new funding will be needed for Hay River - and that might take until 2025 before any meaningful exploration
the $500k loan from Chairman needs to be settled approx 7 months from now
cheers
ICG Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held
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