ICG 11.1% 0.5¢ inca minerals limited

Capital Raise speculation Icg, page-98

  1. 1,290 Posts.
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    Difficult to understand the rationale behind yet another CR.
    If someone was willing to chuck us $1.1M when we did not need it in the short term then we should have put further conditions on it. For example, in escrow for 2 years. Have seen foreign buyers get preferential placements on other speccies and they go on to smash the price whenever it makes a significant rise on good drilling news.
    Working in the industry with mostly juniors I have seen the money start to flow in the last few months and if last weeks commodity price gains hold then there will be a lot more.
    Most of us LTs with substantial holdings are on this one to get a serious multi-bagger if good drilling results flow, and have taken on the risk during the past 2 CRs that we funded at 0.4c and 1c when things were dire and risk was high. So we deserve the reward!!! We are not here to provide high-reward opportunities to late comers when a project significantly de-risked, or long-term salary for ICG staff if things go pear-shaped. For me it is all or nothing.
    Yours faithfully
    Seriously disappointed shareholder of several years
 
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Last
0.5¢
Change
0.001(11.1%)
Mkt cap ! $4.052M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $35.86K 7.171M

Buyers (Bids)

No. Vol. Price($)
1 800000 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 2571585 3
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