ICG inca minerals limited

Ann: Appendix 5B Quarterly Cash Flow Report - December 2023, page-59

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    "You keep highlighting old versus new management but the biggest highlight there is, is the old management brought some very prospective tenements in and commenced meaningful work on them, MaC, Camel Creek and the phosphates/Frewenas"

    So, just to refresh my memory, I am sure JW was part of the board in those times?
    Re the capital raisings, and I have participated in all of them since 2012, all were at a heavily discounted price to the current price at the time. From my memory JW subscribed to the idea of attaching options to the raise which has been successful. Unfortunately the "previous" management that you are vociferously defending did not know how to count or budget a drilling programme in a business environment or make the most of the opportunity that the board had provided.

    Beach

 
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