re: plough low grade-acturtle Plough,
I don’t think project finance will be too much of an issue. The recent raising included 12 mil shares to Telluride Investment Trust which is an investment fund managed by RMB Resources. RMB should help IGR with any funding in the future (in their best interest). Obviously a positive BFS outcome is required first, but it is good to have some solid backing in place already.
Cairns has done a good job so far, he has a lot of energy (not like the crusty old charlatans of some other unmentionable specs) and most of all he has a clear vision of where IGR are heading. It’s true he hasn’t been an MD before, although, he has semi proved himself with fantastic progress and some great deals since taking the helm. For me so far Cairns has two thumbs up, but as we all know that could change in a few hours.
All the best
LSM
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