IDC indochine mining limited
Add to My Watchlist 0.00% ! 0.0¢

agm, page-18

  1. stefan41
    1,913 Posts.
    clock Created with Sketch.
    24/11/11
    14:45
    Post #: 9336420
    The company did say
    "A substantial increase is expected in JORC resources in 3+ months time due to lower cut-off grades.
    The last resource was calculated at US$300/ounce gold price (20% of the current price) and US$5.50/ounce silver price (15% of the current price).
    Enterprise value per ounce is a third to a fifth of comparative gold projects."

    Depends what you think they mean by substantial i'd say anything over 25% imo.At least 2.5m oz with an upgrade in the near term bring it on.
    IDC Price at posting: 16.8¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

RC1 Redcastle Delivers Positive Scoping Study for Queen Alexandra
right-arrow Created with Sketch.
AII Analyst Buy Rating: Leading the Charge in Securing the Tungsten Supply Chain
right-arrow Created with Sketch.
NEWS Bellevue Gold: FY26 guidance and annual Resource & Reserve statement
right-arrow Created with Sketch.
NEWS Lakes Commences Drilling at Wombat-5 Well, Victoria
right-arrow Created with Sketch.
NEWS Access all the latest ASX news here
right-arrow Created with Sketch.
NEWS HotCopper Trends: Final day of quarterlies; Larvotto FID & more
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.