Ever heard of "when you invest in small cap. You invest in management"???
You can not even see the serious relevance of the loss of Santa fe as an asset in regards to now having to make up the loss with more dilution to meet the ASX asset test. (If they can)
This is not a "starting from scratch" This is a reset and repeat!
IGS Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held