Tin.
Thats totally correct, the new people want their fill before hand, the question is will long term holders get asked along. I doubt due the number of shares is capped at 200 million so that doesn't go far at the price its at.
No its unfortunate for sure we have $500k in the bank and these guys are doing a raise of $800K that gives a total of $1.3million which isn't a lot so I don't know where they are heading with this due their wages alone will consume a vast proportion of that in an Annum.
1) CEO $300K & Super
2) CFO Unknown but must be $250k and Super
3) Dr E $200K and super.
4) office cost per annum $100k
5) 3 x Directors fees $150k and super.
Doesn't leave a lot for an exploration so what is the go here ?
So they are sure of something or what why are they doing this will not become evident until after the raise is passed and they have some shares in their pockets.
ICG Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held
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