IDA indiana resources limited

Hi Large Portions,While I get your frustration's, regarding...

  1. 4,438 Posts.
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    Hi Large Portions,

    While I get your frustration's, regarding about Tanzania.

    With all due respect, I tend to disagree, with your opinion, but fully respect where you are coming from.

    With the announcement this week, it's seems that the Tanzania Government has made mistake in the past, but with the new President, who was educated in the U.K. know's the damage it has occurred.

    She has realised that thing's must change, for the good of the Country and its citizens.

    An article appeared on a certain stock website, where H.C. doesn't like us to publish it name.

    https://hotcopper.com.au/data/attachments/4267/4267982-a8f12ebdf9389f9e568b34342b82b98d.jpg

    What caught my eye, was the following above.

    So it seems that the board, is looking at getting back, what belong's to us.

    If we happen too, get it back, I would like the board to start the ball rolling immediately on getting us to production.

    With Nickel pricing rising Y.o.Y. of over 100% and at 1 point saw it rise to over 500%.

    https://hotcopper.com.au/data/attachments/4267/4267993-0efa0d6f1f221da7087246acdf5637f8.jpg

    https://tradingeconomics.com/commodities

    With Nickel pricing as stated above rising, I can see why B.H.P. are looking to the future of the Electric Vehicle.

    https://hotcopper.com.au/data/attachments/4267/4267996-f9c87b174981210313092ebb43233e06.jpg

    disallowed/business/companies/bhp-bets-on-new-african-nickel-mine-as-electric-car-era-dawns-20220110-p59n8h.html

    To conclude all I would like the board do, is to try and get the maximum or try to get the following.

    1 - Grant us the Mining Licence.
    2 - Receive 65 Million dollar's US.
    3 - All of the above.
    or
    4 - Receive the full 93 odd Million dollar's.

    At the end of the day, what ever B.B. and the I.D.A. board decide, it is out of our control.
    If we do receive the full amount, it will be a win win situation, for not only B.B. but also us Share holder's.

    IMHO.

    Regard's

    Rossi70
 
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