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Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan... see more

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Banca I.F.I.S Spa > CASH BURN

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Post by frewil1 on May 14, 2014 11:28am

CASH BURN

I wonder how fast ther spending that 800k from the last PP,[ March 14th ] are they waiting for permits for these mines and just in limbo ?, no one seems to know what stage anything is at.

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Comment by Super1nvestor on May 14, 2014 1:51pm

Don't wonder...email Spiro himself and ask your questions.Get it from the horse's mouth so to speak instead of another board member on this message board who can spew out anything. That is what he's there for..to answer ANY shareholder questions that he possibly can. I've emailed him numerous times and he always gets back to me. His email is: spiro@bignorthgraphite.com

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