Le Derp,
Athough this question may humiliate you it has to be asked.
Have you really got any clue as to what you are talking about?
I have always assumed there would be a share reduction.
Do you some how find this bizzar, strange, or untoward?
Do you some how think that because I don't harp endlessly on this topic that I am 'misleading" potential investors?
What a complete crock of nonsense if that is your position.
Regis had a share issue of 2 billion, they did a share reduction of 1:4 in 2006.
In so doing they eventually increased the value of Regis shares 5000% (or 1500% on the pre-reduced price of the shares when the script was 2 billion)
Go and explain to the readers what happened there Le Derp.
Or don't you get it yet?
And when Regis did this they barely added anything to their reserves, they merely spent this money on their BFS.
IDC will have done a whole lot more.
For a starter IDC will have (by then) increased their resource by anything up to 250% by conclusion of the BFS, will have a reserve of at least 1.5 million oz, possibly 2 million, dropped their cash costs very very substantially, vastly improved their IRR, and accerated their payoff of capital expenditure.
Its funny how you are totally silent on these glaringly obvious trends.
So much so that it could be regarded by some that you seek to ignor and avoid acknowleging same.
Obviously you have never worked in the wealth generation industry.
Add to My Watchlist
What is My Watchlist?