Ann: San Jose Joint Venture and Permitting Update, page-11

Agree this is not good news. Disagree you dump and run (but each to their own - stick to your own investment goals). If you bought in after the last crash - presumably sub 10c, then you are in a very sweet position on a very speculative buy considering they have court appeals to go.

At a buy of 7c - that would have been a MC of $28M - against cash reserves around (from memory) $20M. So basically you might have bought in to the value of the cash INF has tucked away. Thats a very sweet gambling position with massive upside. If they win their appeal - it will rocket.

Anyone buying into INF at all, should be buying with their eyes open that it could die. The opposite ,should they eventually win the right to proceed would be absolutely massive. Welcome to speccy mining.