Post by
DeepValue81 on Jan 15, 2024 7:18pm
Financing the project
For the poster who is mentioning a 1 for 10 split... are you thinking a 10 for 1 reverse split? There is no way that needs to happen. What needs to happen is only for the share price to go up. It's about realizing the value of what has been done already and what IPG has. Juniors do not have money sitting in a bank. They spend money drilling and building a resource. IPG has the resource They are working on making the connections to move forward with partners. Of course this will require a lot of money, but I doubt they are doing it on their own while putting out more shares. I think they would joint venture with a major. There are many investors from Europe that understand the value. IPG's costs are minimal. Now it's more about showing the right investors what they have and taking this all the way to production with a major.