Money from sale of Fraser Range tenements should be received by end of June Qtr.
It is also good to know that CAPE LAMBERT RESOURCES LIMITED (CFE) has 27m ( twenty seven millions ) cash. Having CFE as the Number 1 major shareholder,with plenty of cash, is a good sign, of course.
For CFE's latest cash report, pls click on the following link. http://www.asx.com.au/asxpdf/20140429/pdf/42p891s7mkh1d4.pdf
Dempsey Resources Pty Ltd ("Dempsey") is a 100% owned subsidiary CAPE LAMBERT RESOURCES LIMITED (CFE) ... for those who are not sure about it.
IGS Price at posting:
0.1¢ Sentiment: Hold Disclosure: Held