Have you seen the two IGS ann about what the cash position is ? ie" $300 k v $88 k on the ASX web site ? Still doesn't make sense ??
Even if $300 k left in the kitty 31 Dec 2013 and if you take into consideration this 1/4 ending 31 March 2014 where it was said for this 1/4 IGS would spend $250 k - what next if IGS cant realize anything from SFEG shares and would have $50 k left !
Don't want to see a CR and dilute interests and would be very angry if this position was taken : (
Profit and an increase to IGS SH is not a dirty word ! As such I think the ONLY way and in the best interests of IGS SH is to IPO Latin Gold and move on with ? % of pay back, maybe something by way of free option in IPO for stock holders and do something !
IGS Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held
