Mentalist123, page-5

IGO under attack, with 50% less valuable than it was 4 months ago and abdolute silence from those with their head in the IGO feed bag. Nothing! I must admit I was expecting at least a response or a plan or explanation, by the board abiutvthis catastrophic financial boodbath. It’s is the biggest loss of market capitalization of an ASX company in a decade in a4 month period and just silence. Just nothing but a deafening silence. Reminds me of ten people in a room trying to exit an emergency doorway at the same time. What’s next? “ it is with great regret I must resign my board position, as want need to spend more time with my family” usually their “modus operandi”. If $8 per share does not tickle the idea for a share buyback, the directors are saying, “ without saying” IGO in their opinion” IS NOT WIRTB EVEN $8.00 PER SHARE. That’s the reality of the situation unfortunately. Put simply I really don’t think this board knows what to do. Simply frozen. If a buyback of shares is not on the table with a 50% drop in market cap in 4 months, and a massive buyback opportunity not on the table, then seriously I think we need a new board, so they can all go home to their families. Seems now IGO now a ship without a rudder. The board maybe great at what they do in managing a mining company but to me and some corporate street wise friends say they “ IGO board” have no strategy as to handle this great opportunity. A little bit like Joe Biden. Like a rabbit m, Stuck in the headlights with nowhere to run. Sad that a guy built this company from the pits and hand it to a board like this.