The "long dance" statement in the Westnewspaper indicates a very close interaction over a long period of time. This interaction is not clear to me, I wasn't aware of it, I feel I should have been being a shareholder.
And I can't understand why the directors agreed while in a short term dip in share price. If it had have been 6 weeks ago, there would be no premium, we are cashed up, loan, expanding resources, surely you would let your share price recover after the capital raising?
The UG processing timeline was also strange... agree. Would the plant have to be configured differently for this ore, I would have thought it would have just been batched up and put through.
The CR definitely tripped the SP down, along with the crusher issues. The crusher issue was unavoidable, the CR was a surprise for myself.
( I feel a bit like Mel Gibson...)
IGR Price at posting:
39.5¢ Sentiment: Hold Disclosure: Held
