RE Recent posts & @adamtaylortcd Communications are clear. Big improvement past 2 years. Thank you Dr JW.
Shareholders well informed of plans which became more extensive with local NT forays. Also flagged in advance by management as Riqueza advanced past S32 hiccup.
S32 withdrawal in 2020 (due to reallocation of CAPEX) over COVID issues was a major re-think for ICG, with good SH communication about all options on the table in aftermath. Consultation process was strong.
Additionally, accompanying CR notes clear about use of funds.
Drilling delays through Permitting process been well flagged. Impressive results in fact given several jurisdictional issues.
COVID issues did not help key overseas personnel with both Peruvian and home country travel restrictions / regulations. Affected Inca and critically Inca’s consultants.
Progress has been somewhat remarkable in the circumstances.
As far as I am concerned communication & process to drilling has been very good. You would have to be a hard marker and impatient to see it any other way given timeline from the surprise S32 Notice.
Been an Investor 7-8 years so know just a little bit about how far we have come & seen first hand how hard these blokes work.
Realism way in front of Scepticism.
ICG Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held
