ICG inca minerals limited

Ann: Amended Release - Alpaca Hill Drilling Progress Update, page-62

  1. 3,959 Posts.
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    Barry.
    Its all history now and monies are spent, if you want an answer to that question best you contact the previous MD he knows all about it due he was signing the cheques. But he is no longer with us and its a pointless really the money is gone we are where we are.
    Copper is the question/ chase and still in demand, I am presently at Batu Hijau Copper & Gold Mine expansion where PT Amman is spending about US $8 billion.
    Also down the road at Freeport Irian Jaya ( West Papua ) we are also involved in a SAG Mill upgrade.
    So to say nobody wants copper is not correct due these people are spending billions dollars increasing production levels of mining. New copper deposits are required moving forward every battery filled with Lithium needs generally copper conductors to conduct the electrons stored in the batteries to their destination.
    Copper is required and all the pointers were there and I must admit that in hindsight only it would have been better off seeking a Majors help. But if copper was struck then all would be heroes.
 
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