Hey Scanno
Very very exciting! Good old leverage! I like the way you think! I'm already there my friend!
What is missing in the Market Cap of IDC is a major derisking milestone of the Mt Kare project.
The PFS. Once a mine's PFS is completed, there is a 90% probability that the project will proceed to construction/production.
As we get closer to this stage in July/August, which is only 5-6 months away, we will see the share price better reflect the value of the gold in the ground.
Have a read of IndoCHine's presentation from April 2011, this slide above without my additional comments is on Page 22!
And the one below on Page 23!
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