Post by
GenHandgrenade on Feb 02, 2022 2:55pm
IZN Flush with cash
As per their most recent financial statemenst IZN had on Sept 30 2021 797K in cash and recievables etc. On Dec 07 IZN announces they got 2.7 million in cash 13 million shares of American West and some payments such as 97K for reclamation deposit.. So it looks like IZN has 3.5 million in cash available for exploration of Indy this year. I am looking forward to a steady flow of news this year. Also interesting is South 32 taking a large land position north of Indy.
Comment by
Yifto1 on Feb 02, 2022 11:26pm
Well funded for summer drilling. Can still benefit from upside in West Desert. Good spec play. Hoping we break .20 by drilling season. Good luck everyone.