This is from the pattersons research note on CFE... they say IGC received $20M on 15 July ??
" International Goldfields Ltd (IGC) (12.3%): ASX listed IGC (MCap ~A$31M) entered into an agreement with NKWE Platinum Limited (ASX: NKP) to sell its 15 per cent interest in three farms within the Bushveld platinum region of South Africa to NKWE for A$60M. Under the terms of the transaction IGC received a payment of A$20M on 15 July 2009, with the balance of A$40M to be paid on or before 28 February 2010 to secure the acquisition of the 15% interest. The transaction is subject to government and regulatory approvals but with no roadblocks expected IGC will soon become a cash box with ~A$66M in the bank. "
IGC Price at posting:
20.5¢ Sentiment: LT Buy Disclosure: Held