Ann: Independence to Explore and Earn an Interest, page-11

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  1. 556 Posts.
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    re: Ann: Independence to Explore and Earn an ... > If I was IGO I would be buying all the shares I can get under 10 cents

    Yup - they could buy a 50% stake in ALY for just a few million, which is peanuts compared to the $6.5m they are putting in for exploration. It is exactly what I would be doing in their shoes.

    [ Note though: Bluecrest and Jindalee together control about 30% of the shares. ]
 
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