Apparently its still a work in progress situation. Many items that directors must clear up before suspension can be removed. ASX is examining all aspects and enforcing strict compliance.
A suitable asset has been identified and due diligence conducted. Funders and Con Note holders are ready to support the company.
BUT is a matter of time... 2-3 months has been indicated as possible relisting.
Santa Fe Gold Holding
In the meantime the 9.52 million Santa Fe shares that IGS holds have jumped in value to A23.5c ( $2.24million). They were 5c a few months back. I had been told by SFG exec that US 30c was possible by year end I recall.
Read post thread titled "2017"........On 31.12.16 KIWI was critical of my comment of the 30c target. Well its gone beyond half way ( jumped from US 5c to US 18c) in less than 3 months.
Await company's next Progress Report for official details.
UPDATE
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