indo projects, page-12

Some note about our Co vs TVN; interesting to note that the funds they've raised, will only see them slightly over the next 1/4 ly, given funds to be spent this coming 1/4 !!
So ... they will need to go back to market, I guess.

CEO have a great plan, imo, to have possibly the next 6 - 12 mths of drilling, analysis, purchasers, 'wages', etc. covered by this fund-raise. AND with all the negative vibe, why not go down the 'Institutional placement' method. The two financiers noted have an interest in potentials such as ceo, based on some notes on their respective web sites.
I say well done, along with a few others on this forum!

Also note the two funding co's; BCF team is worth a look at.
Note the odd link to Mark's former employment co? :)

One thing to have potential in-ground; it's another to bring the project to being, having a funding link, having Trinity to help market the produce, etc.
In all this time, think we may be missing some of the fundamentals that have popped up since Sept 2010, those that should propell the new company, some time soon.

Cheers :)