"What alternative would you suggest so they have the required funds on hand at this stage?"
Yeatesy,
Are you seriously suggesting that the placement with Hartley's will in fact go towards advancing Citronen?
IBG had $1.9 million in cash at the last quarterly and when you take into account what sort of dollars that are required to start up production at Citronen this placement wouldn't pay the company's air fares to Greenland?
Hartley's have conned JD and if JD currently values our share register at $0.08 a share then lets hope the board replaces him with someone with a far better understanding of finance?
You know only too well exactly how Hartley's operate and they have well and truly stitched up JD, unfortunately his loyal shareholders wear the brunt of his actions.
Cheers,
dapper
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