You guys are still singing the same old tune, I told you that...

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Alnijo

262 Posts.

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09/10/20

14:10

Post #: 47976785
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Originally posted by Poet: ↑

Yep, a good up-to-date summary of the smorgasboard on offer.

This sleeper stock keeps simmering away. So let the SHs tin rattling drill campaign continue.

Happy that we own 100% of all 4 projects and there is no JV involved atm. As Kalenn said some time ago...

"I disagree about the need for a JV partner though...depending of course on how well the CR goes but if we give them enough to do the planned job it is very possible, verging on probable that economic ore bodies will be found. If the first dozen holes turn up a few with exciting news then finding extra funding at a substantial premium to this raise will be a walk in the park.All forward looking but there is no reason Inca can't hit really significant grades and intervals an then get dramatic re-rating on the share price.I predict a very interesting 12 months.My cheque is in the mail"

Exciting times ahead.

Poet

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You guys are still singing the same old tune, I told you that IMO the consolidation would lead to a loss of SH value which it did.
I copped a tirade of abuse for that, I agree it's a good stock opportunity, but the size and scale of the investment means IMO there will be a lot more capital investment required prior to an ROI.
I don't know how much or when but stop and take a look at the SP over the last 3 years as an analysis on potential forward returns there has been no growth.

ICG Price at posting: 5.3¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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