IOR 0.00% 0.0¢ indiore ltd

Ann: Interim Update, page-22

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  1. 420 Posts.
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    I haven't got much to add, I'm speechless.  The only good news I could find was that they are doing a review and the results will be handed to the appropriate regulators.  Hopefully so that charges can be laid, or some action taken against whoever lead this charge into a P3 plant when they never had the resources to supply it and never will where it is located.  And they must have known that.


    I'm really scratching bare ground looking for anything positive.  I guess it's that First Samuel hasn't left the party yet.  They mention the company doing 'due diligence' on new projects, that usually happens when things are getting serious, as in beyond the just looking stage.  


    However even if they can pull a rabbit out of the hat, they mention getting results in short to medium term and I don't believe that part.  This will be a long haul - I'm thinking years, maybe even a decade - if they can find a new location, or supply, or project.

 
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Currently unlisted public company.

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