Trumpy the reason why these companies have gone into non mining ventures was answered by IGS's supremo not long ago.
Its because they need to change in order to continue to charge fees and survive in the new world where mining is on the nose. They find new targets and new operators who are looking for funding. They offer inducements and then seek friendly funders who are keen to share the winnings.
Its then up to the new operators to deliver the goods.
If they are successful everyone is a winner. If not then only those receiving fees and or free shares and options will win. Its very simple. Strange that so many of you down rampers do not understand the system. The ASX will endorse as they make money on the side. Their queries are just a farce in the scheme of things in my opinion.
IGS Price at posting:
0.3¢ Sentiment: None Disclosure: Held
