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
ICG Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
