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2.08% 9.4¢ indiana resources limited

Ann: US$90 Million Settlement With Tanzania, page-73

  1. seaforth1
    2,664 Posts.
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    01/08/24
    15:28
    Post #: 75029334
    So if I heard right
    • 12-14 cents return per share over 7-8 months
    • Minimal tax liability
    • Company will retain circa $10 million so they are cashed up and can press on with all activity/exploration
    • Company otherwise has the current assets we all know about
    • Chair feels current SP not reflective or understanding of above

    Is that right or have I miss understood - grateful for thoughts
    IDA Price at posting: 8.9¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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