enough cash for 1 quarter - is almost the position 12 months...

enough cash for 1 quarter - is almost the position 12 months ago
since then we have sold the Mt Isa property and have the $500k loan from AT - to be converted into shares once approved at the AGM

the poor market sentiment is having an impact on ICG, as evidenced by the sales under 2c today - punters risk appetite being tested.

good to see there are discussions with an overseas entity re an earn in JV for Peru - being overseas then that rules out BHP, S32 and FMG
Anglo and 1st Quantum come to mind remember it had previously been reported there were unsolicited approaches re Peru and Peru seems like it is big boys country re exploration

the language re drilling Fable is a step back from the Oct 17 announcement
the drilling contractor knew they had Fable to drill, so should have penciled the work in
hopefully drilling by end of the week

cheers