IDC indochine mining limited

pfs calcs $150million profit/yr amazing eps!, page-16

  1. 3,887 Posts.
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    Suspect sellers today were those expecting very low to zero mining costs as well as 2 to 4 mill oz in the PFS, as occasionally espoused on this thread.

    The PFS is their first conservative take. Says Mt Kare is a profitable project and main doubt in the market will always be the land holing issues, which I am more comfortable about these days. The project looks like it will be massive but we've got a few years to run on this.

    Disappointing reaction today, but volume not big. Wouldn't be surprised if SP recovers back up to 15-16c in next few weeks.

    Zero concern from me and would just like to see less !'s flying around.
 
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