ICG
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14.3% 0.8¢ inca minerals limited

if it's worth fighting over, it must be good

  1. shoonchin
    920 Posts.
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    10/02/13
    12:56
    Post #: 11401757
    I have a simple rationale to all of this. If the board is fighting over control of this company, the prospect/potential must be huge. 20 million shares more would take Susan/Flexipan's stake to 20%. If Chanape is a dud, why would the board and Susan fight over it? Why not just issue her with the shares?
    I even have a sneaking suspicion that the board already knows the assays for the first 120m of the first drill hole.
    ICG Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
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