Ann: Quarterly Activities Report and Cashflow Rep, page-10

re: Ann: Quarterly Activities Report and Cash... Here is another typical example of a "smash & grabber" looking to pick up some money on NKP

If you read the announcement, the Convertible Debt note is looking to raise $30M of which only $20M is committed to IGC in the Short term. The residual owed to IGC is due to be paid at the same time as an announcement is due by Xstrata on its $US1.5 Billion commitment to the project in February.

Why do i even bother ...........