IDA 0.00% 11.0¢ indiana resources limited

Ann: Change in substantial holding, page-11

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  1. 2,254 Posts.
    lightbulb Created with Sketch. 1013
    Well well, how things change.
    Derek Fisher steps asside for Bronwyn Barnes.
    Capital raise.
    This litlle hiccup with the challengers will have cost money, how much I don't know but it will have eaten a lot of our funds.
    This outcome is absolutely brilliant to say the least.
    I am hoping it is a cornerstone investor which will strengthen our position and allow us to get into exploration. Even if it is an alternative, it will now strengthen our financial position. We
    Imho, this will shut the opposition up finally and get rid of them once and for all.
    Their objections to current board are now a bit laughable and their story about this board not being able to raise funds, ludicrous.
    This is a strategic set of movements that give shareholders everything they could want.
    It has my stamp of approval and look forward to those drill rigs on the ground in Noujombo and Kishugu.
    Well done management and glad we have Campbell Baird in the drivers seat.
    W
    Last edited by Wack: 05/04/17
 
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