Once upon a time... hahahaha.With all the conflicting evidence...

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Scott th Ratbag

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28/02/20

11:44

Post #: 43210708
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Originally posted by gohlson: ↑

@stocktrain No idea. I blame the ASX personally. In my opinion IGES responses show responsibility financially with huge opportunities. Some folk on this site should take their imagination and write a children's book or something that uses their talents rather than understanding financial matters.
IMO IGE have clearly explained the financials and verified they have the funds to move forward. I'm amused by people that think the GEP deal is a scam. Scam for who? What's the proposed Scam? It's clearly in final deal negotiations. Do people know it's 300M for the whole plant, railway and metal processing most of it. The IGE JV is just $80m.
There's so many blowins that haven't read reports, esp the 61 page ASX response and now this announcement.

Even funnier was someone who thinks that suggested that the CEO was taking legal action against himself in the most recent Ann.

I expect ASX will do their job sometime and explain to the public what they're waiting on. After all the latest Ann says IGE has the funding

The important factor IMO is getting Amsterdam functioning. From memory 100,000 litres per day at US 30c is rather more important than a motor vehicle recycling plant in the US.

I'm hoping we get the ASX to do their job and get off their backsides and tell us why they're not doing their job.

Ahhhhh that feels better. Thanks for asking @stocktrain.

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Once upon a time... hahahaha.

With all the conflicting evidence and constant shifting back of promises of funding... the Amsterdam and Indiana projects have been promised for long stretches of time as being "ready to go"... and now this issue of was the $10M investment or a loan?... I have lost confidence completely.

This is no fairy tale but a nightmare scenario. And like all nightmares I keep wishing against the evidence and hoping I'll wake up and find my $s have been soundly invested in a competent and prosperous co.

Scott.

IGE Price at posting: 13.0¢ Sentiment: None Disclosure: Held
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Once upon a time... hahahaha.With all the conflicting evidence...

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