IGS 0.00% 0.3¢ international goldfields limited...

So IGS has sold out the Plumbridge Project !65% at $100k + 50 m...

  1. 647 Posts.
    So IGS has sold out the Plumbridge Project !

    65% at $100k + 50 m shares @ current $0.007 = $350,000
    with option over 3 months for another 35% for $200k + 1%NSR.

    This is such a blindingly bad deal for IGS SH and only demonstrates the Directors are only securing there fee's with NO "value adding" to IGS SH or the company.

    What a terrible outcome for IGS SH whereby destroying value in IGS selling 40% future income in a project that people liked IGS SH).

    IGS Directors could have created value by Latin Gold IPO but chose to secure Director fee's.

    Great deal for SEG SH, SH%T deal for IGS SH.

    absolutely dumbfounded !!
 
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