JandJ.
JE will surely bring us our much belated fame and fortune.
Are you sure about this, what tells you of fame & fortune ? I am hoping its a case of here is the bad news and next is the good news.
The article ( Announcement )should have read INCA Sulks out in Peru claiming cost & corruption as the reason for selling the Heralded Projects. When the reality was lots of money was lost in Australia so Peru must go. Its hard to support Peru when we keep coming up with nothing in Australia constantly it should have read.
So the Answer after many years of funds poured into it at the request of past & present, is to sell it for $2.00 to the highest bidder.
Sorry, why would you sell for $2.00 Tenements in the Andean Mountains where between the countries of Chile & Peru the world majority of copper is sourced now.
Who is the company that acquires the tenements when both BHP and Indian Companies are stated as chasing entry into South America for copper so we off load it for $2.00 AUD.
As a long term holder I am not impressed here at all.
Ann: Inca Secures Buyer for Peru Assets, page-17
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