Nolly - management are often delusionally optimistic - in regards to nearly any business. You need to factor that in. Directors will probably turf out a pessimist very quickly. The survival of a company like IGR depends on selling it to gain capital, borrowings, good staff, contracts etc etc.
I've nibbled at this stock once before and lost small money quickly, but haven't done a lot of review of past promises etc to be honest. I have however noticed that it is easy for me to take a hard line if I have lost money, and if I have made money I might tend to forgive everything. I try to keep that in mind, because when I don't I lose money.
IGR Price at posting:
29.7¢ Sentiment: ST Buy Disclosure: Held
