@JandJ I just realised that CPS Capital did the CTM raises back in the day that made people a fortune.
The same broker left CPS and formed Mahe Capital. They just raised $8M for ICG. They have an eye for Tier 1 deposits.
This is now setup so that the options will be in the money and continue to self fund the company.
Below is the CTM chart from this year.
ICG with tenements 5kms from Anglo, expecting over 200Mt with 24 drill targets and drilling before the end of the year.
I am confident ICG will hit 30-50c . I haven't done the numbers on the options to work out dilution yet but easily a $150-200M market cap based on Riqueza Project in Peru alone.
Two 100% owned projects, great value Au, Cu, Ag + IOCG, page-57
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Last
0.6¢ |
Change
-0.002(25.0%) |
Mkt cap ! $4.828M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.6¢ | $27.47K | 4.191M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1520159 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 186209 | 1 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| ICG (ASX) Chart |