I must say very good ann on IGS - Latin Gold Project in Brazil, I still think this is going to be a multi million Oz project.
So as IGS owns majority of Latin Gold and its interests in the Brazil project then why doesn't IGS IPO (spin out) Latin Gold and raise funds on the AIM market where it is located in London as IGS only has A$300k in the bank. Do this IPO for Latin Gold instead of an IGS capital raising which would dilute IGS SH which I don't like at ALL !
Current IGS SH could also be given an option to participate in Latin Gold (IPO) and maybe one free attached option ?
What a great idea for IGS SH that would be fantastic for SH and then maybe with the IPO of Latin Gold raise funds that could also part pay back IGS costs for cash flow so other projects could be looked at ??
SH lets do it !!!!
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