Ann: IMD Gold Transaction Update-IND.AX, page-8

To land anything that produces a good rate of return and produces a profit would be a wonderful relief. If IND was actually able to produce a sustained profit for some years to come then I would go into ecstasy over a sustained period or at least every year the Annual Results came out.

I have read comments from a well regarded commentator on events who has predicted that gold could go to US$10,000 an ounce at some stage in the near future (anywhere from next week through into 2017 at least). It all depends on certain things happening which he is convinced will happen.

Whether gold will reach that level remains to be seen but his premise is quite logical.
If gold was to reach US$2,000 an ounce and IND was into getting a share of production I think I might be getting a bit excited.

They have got to get on with this. I have had too many disappointments with this NEO/QPN/IND/??? crowd to see another debacle happen.