Lapsed also means expired. No I do not intend to post the...

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Macleod22

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22/08/17

12:46

Post #: 26660439
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Originally posted by Spotty1 ↑

Maclead - thank you for explanation!

1. Ok, understand this as there was only one ASX Ann in Dec 2016 and it said nothing. Are you able to post on HC the con note offer that lapsed in June 2017 ? Has the con note's time period expired ?

2. So what different has new Directors excluding Tasker done then ? Interesting you say Tasker is fringe player as he signs the ASX Ann's and IMO has no relevant mining experience to locate mining project or raise funds !

3. So the founder of IGS TS has abandoned the company IYO ? I question this as IMO acting as Ghost Director ! Please explain adverse litigation is about to destroy IGS and by who ? I have seen no ASX Ann about this - how's that for disclosure.

4. Ok.

Current assets IMO let's say IGS (ASX shell ? A$2 m) plus shares Santa Fe (?A$900k). These figures would be very lucky to achieve, however even if con note holders have priority then SH end up with A$0. Time to wind up IGS for SH tax loss I think !!

IMO - no confidence in Tasker whatsoever !!

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Lapsed also means expired.

No I do not intend to post the agreement.

The current Board has delivered nothing as yet as you well know. So why ask?

New directors have the credentials to find projects and funding.

Ghost director? Do you have evidence to support your opinion?

Until IGS gets back from suspension we all get nothing. It's a wait and see situation. No use discussing it further.

IGS Price at posting: 0.3¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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