Good points allens,After all, where would we be now if we did...

First 13 Last

Share
Profile

Follow
smithy29

166 Posts.

41

04/05/23

13:59

Post #: 67607291
Share

Originally posted by allens: ↑

Byron.
You haven't heard of it before because your head is stuck in the sand all the time.
So a Director may loan the company money that is not out of the question, neither will it be a first at INCA.
When you are the leading share holder and have so much at stake you would be concerned about your major investment and if being the Chairman had the power to spend the money you loan to the company under your direction and could see that the funds input will guarantee that the standing investment will not fail then of course it would make sense to do it.
Its not as desperate as dilution via low price capital raise and does show a direction team with merit.
Remember any capital raise via share allocation currently would dilute directors percentages.
So far after all the trouble this option has not surfaced and shares numbers have not increased apart from directors wages/ sacrifice additions. You are quick to see black about current management that walked into to sturdy the situation after the bleeding had commenced and INCA was soon to bleed out if the brakes had not been put on. Just await decision regarding awarded funds for drilling and other means of funding before you announce the obituary.

Expand

Good points allens,

After all, where would we be now if we did not have Adam Taylor at the helm,,

Something for all of us to consider ,?
Or should consider,?.

That:s for all those that hold share within this Company I mean....

Cheers

ICG Price at posting: 2.0¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

HAR

Haranga jumps +7% on Lincoln acquisition

HotCopper Trends: Wall of quarterlies dominate; then there's Micro-X & Ionic

NUZ

Neurizon inks $1.5M loan against R&D Tax Rebate

IXR

Ionic Rare Earths falls -7% as momentum slips on vague production update

ASX Market Close: Index rebounds as investors buoyant | July 30, 2025

First 13 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Good points allens,After all, where would we be now if we did...

Top Stories

Haranga jumps +7% on Lincoln acquisition

HotCopper Trends: Wall of quarterlies dominate; then there's Micro-X & Ionic

Neurizon inks $1.5M loan against R&D Tax Rebate

Ionic Rare Earths falls -7% as momentum slips on vague production update

ASX Market Close: Index rebounds as investors buoyant | July 30, 2025

Featured News