Undersubscribed by INSTO, page-6

I will take my entitlement plus the 50% of entitlement as well.
Not surprised share price fell today.
It is short term and I expect share price to bounce back over $3.
Tropicana is a tier 1 gold mine.
I am a shareholder of IGO as well and I did notice in the Annual Report that last Half production was down.
Maybe because price of Gold was slightly under the highs they took the foot off the pedal.
When Tropicana revs up income could bounce back to $300m per annum as it has in past years for Independence.

The other benefit is the pressure is off for the hedging now we have more ounces.
Good deal all round accumulate as many as possible!