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17/06/19
16:15
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Originally posted by bungalowbill:
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So they signed a deal with IGO , great but for who ? to keep from going into liquidation - well only in the short term . Sure it will keep the office bills & directors salaries paid for a couple of quarters . They have virtually divested of Fazer range . If the company gets paid out they will use it for directors fees to keep the gravy train going a bit longer . So how a shareholders going to benefit with this . They still haven't the funds to drill Kat Gap . Let's see the uptake rate which will be interesting. The announcement still didn't cause one share to be bought .
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On re-checking I see 10 million were bought at 1/10th of a cent , ie $10,000 worth . Interesting that IGO hasn't an interest