Ann: Final Independent Assessment Report for Riqueza Received, page-28

braunic
Consolidation has been done. It is an opinion only whether it should have been done now, later or never. The BODs have decided that course of action and the SHs elected them back into office.I have moved on the consolidation discussion. I am a SH of another company who consolidated about 6 months ago. Since then the SP is up more than 300% than immediate post consolidation price. IMO consolidation doesn't change the price. What will change the price is results from future exploration/drilling. I am of the view as is Allens, and other SHs that ICG has an incredible opportunity to be a successful explorer. 28 drill holes proposed for 19 independently generated targets in Greater Riqueza, all of which may contain Tier 1/2 deposits. Drilling will provide us with the answers. The areas in Australia at Frewena, far east Frewena, Macauley Creek and Lorna May add to the potential.
Cheers Rob