I feel of course the board is trying for fast, high impact...

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Lifeisabeach

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15/07/24

09:21

Post #: 74751837
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Originally posted by speculator555: ↑

Yes, I knew Marwood is on both boards but it is Bartsch / Southern Geoscience which appear to have changed their explorative prospectivity. As you state, nothing has come out of the Barkly as yet but I am highly encouraged with their approach. Bartsch was appointed 4/2023 to MDI & the deal with SER was done in 5/2023. Maybe SER also added their 2 bob's worth as they still have a fair chunk of shares which have lost value from the initial deal. They appear to be in target generation mode & would likely try/obtain a JV deal if there is success with the drill bit. They also have EPM applications currently being processed in Queensland ATM suggesting the current large landholding is too large for a junior to explore in its own right.

As for ICG, it's not the first time that shareholders have had a detrimental influence on a companies destiny but strong management should have control of direction & how capital is spent. Adam from a business background surely would not let workers dictate how he ran his operation. They appear to have the right intent & as I think, it could have been a bit of a calculated "hail mary". You are right, "it ain't dead yet" as Adam appears to have some fighting spirits??? IMO

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I feel of course the board is trying for fast, high impact results! Not to appease disgruntled shareholders but to raise much needed funds at a better price.

Beach

ICG Price at posting: 0.6¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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I feel of course the board is trying for fast, high impact...

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