The only way this deal is done is by 1,5000,000,000 shares issued to WG and around another 400,000,000+ shares for the minimum requirement for ASX to let it relist to meet the asset test after Consol.
As for why you would go to all this trouble.
Have a look at ARK. (Okap) Consolidation in Dec after changing projects and name change.
Still has not relisted after not meeting the asset test. Now 6 months suspended!!
This interest fee loan to WG (As a deposit) and working capital means nothing. You don't have a WG without the above. Full stop!!
IGS Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held
