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INTERNATIONAL GOLDFIELDS LIMITED... (ASX:IGS) - Question ????, page-7 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
IGS 0.00% 0.3¢ international goldfields limited...

Question ????, page-7

  1. 3,857 Posts.
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    What exactly does IGS own, in regard to WG?

    1 – An expired option. [no mention of an extension]

    2 – An option fee on an expired option that cost $162,500.00

    3 – A six month unsecured loan of $162,500.00 to the WG share holders.

    [2 & 3 ARE payable to the “SHAREHOLDERS” of WG. Why not WG? AND why a loan to the shareholders and not to WG…. just seems a bit odd?]

    4 – An announcement on the 1st of Sep. “and it expects to execute binding agreements with Winter Garden in the coming seven (7) days)”

    5 – A deal that IGS originally gave an indicative completion date on 22-July-2015

    6 – A few minor delays in the time line.
 
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Currently unlisted public company.

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