IGS 0.00% 0.3¢ international goldfields limited...

Proposed cap raising increased from $5m to $15m.Honestly I don't...

  1. 143 Posts.
    Proposed cap raising increased from $5m to $15m.

    Honestly I don't see IGS not in control if the merger takes place a big deal. Share price has plummeted year on year under previous management and board. Will Sante Fe be any better? Who knows...

    IGS most likely would have had a cap raising 2 years from now based on previous spend anyway.

    I think the real question is how much profit can their producing mine make? After SF's debts are paid and prospect secured... will the new company be self sustaining? I never expected dividends from this company but that may be likely in the future?
 
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Currently unlisted public company.

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