Although it is sad it’s 75pc and not 50pc. I do tend to agree something like this needed to happen. Those complaining about the Dr not doing anything can worry less now, someone else will be adding the value instead. Hopefully in a more timely manner. Plus no more worries about capital for now. Let’s get drilling ASAP!
This news can only be good for the share price short term. It will attract attention to us and many will realise how undervalued we are at these prices with the Broken Hill assets alone worth a lot more than 1.4c.
Ann: IGO to Farm In to the Broken Hill Ni-Cu-PGM Project, page-3
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