NO NOT JOKING !
SELL SELL SELL SELL Latin Gold Brazil Gold project 100%
GIVE IGS shareholders divi from sale of gold project "GOOD FAITH" payment, as God knows IGS needs to show shareholders some "GOOD FAITH" considering what the Directors have done !!!
As for your cal on cash cost / Oz i think you are way way out as $400 - $500 is achievable in Brazil and is demonstrated in other ASX companies operating gold projects in Brazil.