IDC indochine mining limited
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pfs calcs $150million profit/yr amazing eps!, page-37

  1. LeDerp
    816 Posts.
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    03/10/12
    01:02
    Post #: 10803641
    Sydneybhai,

    Is Blackrock the only institution in town or what?

    I am sure not all their investments turn out to be winners.

    Corporate tax in PNG is 30%. Post-tax IRR would be even worse.
    I recall AZM had a IRR of 18% post tax.

    This is a bad time to invest in IDC. It will be entering the orphan stage (look below)... as it seeks to complete BFS. Probably will take awhile and be costly. Why bother when there are so many other DFS ready gold projects around.

    IDC Price at posting: 11.9¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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