IDA 0.00% 11.0¢ indiana resources limited

Ann: Change in substantial holding, page-16

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  1. 2,254 Posts.
    lightbulb Created with Sketch. 1013
    They would need to issue new shares and probably are not in a hurry either as the longer they are in th the more it will piss the contenders off. I am guessing 13cents per share but as someone pointed out the options for Bronwyn were issued at 12.5 cents so it only stands to reason that 12.5 seems more likely. I imagine you would already be well aware of what the geology is. I remember you saying you were in this before Ida.
    Good luck if you jump on board.
    I think there could be some retrace between this meeting and the commencement of drilling which could give you a well timed opportunity.
    W
 
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