IGS Ann 01/08/2013 "Under stewardship of new board IGS, in response to challenging equity markets, has spent the period undertaking a thorough review of its expenditure commitments (corporate and operational), to ensure it focussed its efforts (and funds) in areas that maximise shareholder value in the short to medium term".
So effectively, IGS has divested itself from all its projects to reduce costs yet is incurring salaries of 3 Directors and 2 Co Secretaries plus other ? Wow good work reducing costs in this market.
Still havent seen all results for 5,000m drilling campaign started early this year from Brazil project ?
So what has been done or is being done to produce the JORC resource on the Brazil project ?
No interesting news at all as usual !!
IGS Price at posting:
0.4¢ Sentiment: None Disclosure: Not Held