IEC 0.00% 0.1¢ intra energy corporation limited

How times have changed., page-11

  1. 5,753 Posts.
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    Yes well the so called shortage of trucks wasn't even our issue to begin with!

    Haha imagine that. IEC picks up work extracting coal to sell exclusively to Dangote! Interesting aspect and one which would make a lot of sense given that we have all the equipment and it's on our former lease.

    On the other hand, Dangote could contract someone else (Caspian) to extract it for them. (2 of Africa's richest men teaming up)

    Yes it's good that the company has met the governments local requirements. Hopefully they are receptive of exports if we get that far.

    I'm sure the government will love the chance to slap a tax or royalty on that.

    I also expect that any rapid lift in the share price will be met with a capital raising to improve cash on hand.


 
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