IMHO - Having a look, mainly as I have a small nonsense holding that has resulted in receiving the entitlement offer... It appears the offer is predominantly aimed at keeping the lights on for IDA, both in terms of the basic mine costs whilst its in hold mode, and in regard to the $270k/quarter touted as basically payroll/running costs for the company, so... a years worth of funds to continue. Of interest but not sufficiently expanded on for my... confidence? is the intent, given the situation in Tanzania, to also explore elsewhere for a feasible mining option. Always possible they have something in mind and... could be a winner, or always possible they end up as a backdoor listing for something else, or jump on the MM bandwagon but... in my book going nowhere unless they do something else. Remains a monitor only for me, and very remotely speculative in case they actually get up and running in Tanzania or... one of the something else's occurs.
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