IDC indochine mining limited

approached by investors seeking joint venture, page-38

  1. 2,731 Posts.
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    Askari, if we basically parallel our startup experience with that of BDR:
    Both companies are starting/ started on high grade ore, so the comparison appears to be logical.
    We will commence with a $100m debt on the Process plant, similar to BDR.
    The process plant will take 12-18 months to build and commission, probably commencing from date of award of the mining licence mid 2014.
    So mid 2015 sees us, if the project is really fast tracked, at commissioning stage, with $100m. Debt. That's the best we can hope for.
    IMO 30-50c by mid 2015.
    23.



 
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