ICG 0.00% 0.5¢ inca minerals limited

Ann: Inca Agrees US$9 Million Earn-in Amount, page-86

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  1. 5,514 Posts.
    lightbulb Created with Sketch. 60
    "I was not that impressed with the extension of time neither "

    I slept on it and have a different prospective

    I am happy to wait for a better deal while having this one in a sack.
    Compare the US$9 over 4 years for 60% but in reality 70%as they have the choice to pay for DFS and keep 70%
    To the deal of AZY and SRI with RIO how over 50 compares to 9 and how the target definition of Inca compares to targets of AZY and SRI
    I am sure Ross is talking to number of parties and the delay is to our benefit and initiated by Inca not S32.

    My father used to say " Hurry is only beneficial when you are catching a flea" in business deal the party in a hurry puts itself in disadvantage.
    I have no more funds now but who knows in 2 month time if still available.  @ 04   .I will grab another 10 mil for quick gain when deal is done with whoever it is.
    The hard fact is the Independent Report Target definition: $12 mill for it is a Joke and I hope we will get better deal.
    everybody has his/her own judgment and mine is above


    Grub


 
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