Yes. It will all be different this time.
Just like it was all different at CCC.
Just like it was all different at RRS.
Different at ARK. KAB. PNE. BMZ. CTR.
But it's was not different at all.
No different that supposedly funding fell through and the ASX and shareholder are never informed.
No different that that IGS gives an unsecured loan to Santa fe. That $30k gets written off to International petroleum. Sage and twice convicted heroin dealer Timis.
No different that projects that are suppose to be near term are never finish.
No different that they will give away huge % of these projects away so not to have them audited.
No different that there is now a reset, rinse and repeat cycle.
No different!!!
What a load of BS that Santa fe had no bearing. The loss of the book value alone put $1.2m that additionally needed to be raised on top of the $1m to meet asset test and listing rule 1-2.
Yet some financier didn't care? Didn't care they had to come up with another $1.2m.
Didn't care that it would mean an additional 480,000,000 if at .0025c??
As I said. They will say anything!
IGS Price at posting:
0.3¢ Sentiment: None Disclosure: Not Held